Question: Comprehensive Problem 1 - Part 3: Form 2441 (page 1), Schedule E, Schedule 8812, Form 4562, and Form 8995. Note: This problem is divided into

Comprehensive Problem 1 - Part 3: Form 2441 (page 1), Schedule E, Schedule 8812, Form 4562, and Form 8995.

Note: This problem is divided into three parts. You will need to complete some of the forms in the other parts in order to determine the amounts to be used on Form 1040. Some of the data information will be reproduced in the other parts for convenience.

Enter all amounts as positive numbers, except for a "loss". If required, enter a "loss" as a negative number on the tax form. If required, round your answers to the nearest dollar. If an amount box does not require an entry or the answer is zero, enter "0".

Information regarding Noah and Joan's rental property is reproduced here. The rental property located at 16 Oakwood Ave, Unit A, Dayton, OH 45409. Noah provides the management services for the rental including selection of tenants, maintenance, repairs, rent collection, and other services as needed. It was rented for the entire year. The revenue and expenses for the year are as follows:

Rental income $16,200
Insurance 800
Interest expense 5,800
Property taxes 1,500
Miscellaneous expenses 500

The home was acquired for $85,000 in 2006. No improvements have been made to the property.

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