Question: Dr. George E. Beeper is a single taxpayer. He lives at 45 Mountain View DR, apt 321, Spokane works for the WA 99210. Ds Beeper

Dr. George E. Beeper is a single taxpayer. He lives at 45 Mountain View DR, apt 321, Spokane works for the WA 99210. Ds Beeper social security number is 775-88-9531.DR Beeper works for the Pine Medical Group, and his earning and income tax withholding for 2014 are

Earning from pine Medical $116,000

Federal tax withheld $25,000

State tax withheld 0

DR Beeper owns a rental house located at 672 lake street, Spokane, WA. 99212. The house rents for $1,000 per month and was rented for the entire year.

The following are the related expenses for the rental house:

Real estate taxes is 3,500

Mortgage interest 12,500

Insurance 900

Depreciation 0

Gardening 1,000

Repair 600

Maintenance 3,636 .g,

The house was purchased on July 5. 1980. DR beeper handles all rental activates (e.g.rent collection, finding, tenant, etc.) 4

During May 2014 dr beeper transfereed $ 67,000 out of his section 401(k) plan from a former employee (Elm Medical Group) to an individual retirement account with the Spokane state bank. The transfer was made directly from the section 401(k) plan trustee to the bank

REQUIRED

Complete DR beepers federal tax return for 2014. Use form 1040 scheduled E and form 8582, dont complete form 4562 reporting depreciation. Make realistic assumption about any missing data.

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