John Fuji (age 37) moved from California to Washington in December 2014. He lives at 468 Cameo Street, Yakima, WA 98901. John’s Social Security number is 571-78-5974 and he is single. His earnings and income tax withholding for 2015 for his job as a manager at a Washington apple-processing plant are:

John’s other income includes interest on a Certificate of Deposit at Braeburn National Bank of $1,304. Also, he paid $610 per month alimony to his ex-wife (Dora Fuji, Social Security number 573-79-6075).

During 2015, John paid the following amounts (all of which can be substantiated):

In July 2015, someone broke into John’s house and stole a coin collection. The collection had a fair market value of $11,500 and a tax basis to John of $4,730. The collection was uninsured.

Required: Complete John’s federal tax return for 2015. Use Form 1040, Schedule A, Schedule B, and Form 4684, complete this tax return. Make realistic assumptions about any missing data.
 
 

Transcribed Image Text:

Eamings from the Granny Smith Apple Co. Federal income tax withheld State income tax withheld $75,400 9,100 Eamings from the Granny Smith Apple Co. Federal income tax withheld State income tax withheld $75,400 9,100

Answer rating: 100% (QA)

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