Question: Comprehensive Problem 5 - 1 Anthony Stork ( birthdate August 2 , 1 9 8 0 ) is a single taxpayer. Anthony's earnings and withholdings

Comprehensive Problem 5-1 Anthony Stork (birthdate August 2,1980) is a single taxpayer. Anthony's earnings and withholdings as the manager of a local casino for 2024 are reported on his Form W-2(see separate tab). Anthony pays his ex-spouse, Salty Pans, $3,900 per month in accordance with their February 12,2020, divorce decree. When their 12-year-old child (in the ex-spouse's custody) reaches the age of 18, the payments are reduced to $2,800 per month. His ex-spouse's Social Security number is 554-44-5555. In 2024, Anthony purchased a new car and so he kept track of his sales tax receipts during the year. His actual sales tax paid was $4,134 for the car and $1,817 for all other purchases. For purposes of completing this tax return*, you may assume that Anthony's actual sales tax exceeds the IRS estimated sales tax in 2024. Anthony participates in a high-deductible health plan and is eligible to contribute to a health savings account. His HSA earned $86 in 2024. During the year, Anthony paid the following amounts (all of which can be substantiated): Credit card interest$1,760Auto loan interest2,300Auto insurance900Property taxes on personal residence3,145Contributions to HSA3,150Income tax preparation fee900Charitable contributions (all cash):Boy Scouts of America1,300St. Matthews Church3,100Nevada Democratic Party250 In 2024, Anthony inherited over $500,000 from his father, Howard, who died in 2024. Although Anthony invested a large portion, he also made a $51,000 cash donation to the Stork School of Engineering at Reno State University (see separate letter). Anthony received a Form 1098 and a combined Form 1099-INT (see separate tabs). And, lastly, Anthony does not choose to contribute to the Presidential Election Campaign. Required: Complete Anthony's federal tax return for 2024. Use Form 1040, Schedule 1, Schedule A, Schedule B, and Form 8889 to complete this tax return. Make realistic assumptions about any missing data. Anthony had health coverage for the entire year, and he does not want to contribute to the presidential election campaign. Enter all amounts as positive numbers. If an amount box does not require an entry or the answer is zero, enter "0". If required, round any dollar amount to the nearest dollar. *Note: There is a difference between Schedule A in CNow and the SM/ProConnect version. The CNow / textbook provides a sales tax amount which assumes that it exceeds the IRS estimated amount. The ProConnect / solution manual version uses the IRS estimated amount.

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