Question: Create a Schedule D and schedule 1 for this information, and the corresponding line 7 value on the 1040 form. Assuming, Rhonda is filing head

Create a Schedule D and schedule 1 for this information, and the corresponding line 7 value on the 1040 form.

Assuming, Rhonda is filing head of household with an AGI of 72,000 before the capital gain/loss information.

3. Rhonda received $250 in interest from Tulsa City bonds, $120 interest from IBM bonds, and $15 from her savings account at UCU Credit Union. She also received a $460 dividend from Huggies Company and $500 from Bicker Corporation. Both dividends are qualified dividends. 4. Rhonda sold 200 shares of DM stock for $18 a share on June 15, 2023. She purchased the stock on December 12, 2014, for $10 a share. She also sold 50 shares of RSA stock for $15 a share on October 2, 2023. She purchased the stock for $65 a share on February 2, 2023. Stock basis amounts and proceeds have been reported to the IRS with no adjustments required

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