Question: Instructions Form 1040 Schedule 2013 Tax Rate rules Note: This problem is for the 2010 a year Lance Hand Wanda Dean are married and live


Instructions Form 1040 Schedule 2013 Tax Rate rules Note: This problem is for the 2010 a year Lance Hand Wanda Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501 Lance works for the convention Bureau of the local Chamber of Commerce, and Wanda kemployed part-time as a partial for a lowm During 2019, the Dean had the following receipts salaries ($60,000 for Lance, 341,000 for wanda) $100,000 Q City of Albuquerque general purpose bonds $1,000 Ford Motor company bonds 1,100 Ally Bank certificate of deposit 400 2.500 Child support payments from John Allen 7,200 Annual from parents 26,000 Settlement from Roadrunner Touring Company 90.000 Lottery winnings 600 Federal income tax refund (for tax year 2018) Wanda was previously married to John Allen. When they divorced several years ago, Wanda was awarded custody of their two children, Penny and Kyle (Note: Wanda has never issued a Form 332 walver) under the divorce decree John was obligated to pay alimony and child support the alimony payments were to terminate Wanda remarried In July, while going to lunch in downtown Santa Fe, Wanda was injured by a tour bus. Because the driver was dearly at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses including a one-week stay in a hospital. To avoid a lawsuit, Roadrunner also transferred $90,000 to her in settlement of the personal injuries she sustained. The Deans had the following expenditures for 2010 Medical expenses (not covered by insurance) 57.200 BER Check My Work o Form 20 7.500 5.000 3. mums Wande 5.000 300 500 mund the most w 6.30 he wars and desires and dry. As part time employee de from ander weer's persona. Com he provides for her own retirement with traditional ed at local trust come because the versamenter of the local Chamber of Commerce, Lance fait compelled to make theat The house when they provide more than the sport Social Security bersih Date Lace 123456 10 Wanda (40) 123-45-5767 QUOS PA19 100/2000 123-4560 05/07 we have 123.56785 IS 11 O . M Instructions For 1040 Ruth the way is a member of the local amber of Commerce, Lance to come to Security Number that Lance 1979 Pe Alle 19 10/09/2000 Kyle Ann OS Wayne Bovec 123-456 05/11/14 Ponny grated from school on May 2019. and is undecided toege. During 2019, she samed 58.500 placed in a swings theby of a local hotel Wels Wanda's widow other who died on December 20, 2019. For the past few Pederal income with is 13.90 Lance) and 1.200 (Wanda). The proper amount of Social Security and Medicare tax was withheld Required Determine the federal income tax for 2010 for the bears in a foretum by completing the appropriate forme Form 1040 and Schedule to complete this tax return, They do not own and did not use any virtual currency during the year and they do not want to contribute to the Presidentialection Campaign Fund. If an averament results, it is to be refunded to the Make reaktions about any ming data Inter all amounts as positive numbers . If an amount box does not require an entry or the answer is reenter . Use the tax rate schedules included with this problem. When computing the taxability, do not round your mediate calculations. If required and your final answers to the nearest der Instructions Form 1040 Schedule 2013 Tax Rate rules Note: This problem is for the 2010 a year Lance Hand Wanda Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501 Lance works for the convention Bureau of the local Chamber of Commerce, and Wanda kemployed part-time as a partial for a lowm During 2019, the Dean had the following receipts salaries ($60,000 for Lance, 341,000 for wanda) $100,000 Q City of Albuquerque general purpose bonds $1,000 Ford Motor company bonds 1,100 Ally Bank certificate of deposit 400 2.500 Child support payments from John Allen 7,200 Annual from parents 26,000 Settlement from Roadrunner Touring Company 90.000 Lottery winnings 600 Federal income tax refund (for tax year 2018) Wanda was previously married to John Allen. When they divorced several years ago, Wanda was awarded custody of their two children, Penny and Kyle (Note: Wanda has never issued a Form 332 walver) under the divorce decree John was obligated to pay alimony and child support the alimony payments were to terminate Wanda remarried In July, while going to lunch in downtown Santa Fe, Wanda was injured by a tour bus. Because the driver was dearly at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses including a one-week stay in a hospital. To avoid a lawsuit, Roadrunner also transferred $90,000 to her in settlement of the personal injuries she sustained. The Deans had the following expenditures for 2010 Medical expenses (not covered by insurance) 57.200 BER Check My Work o Form 20 7.500 5.000 3. mums Wande 5.000 300 500 mund the most w 6.30 he wars and desires and dry. As part time employee de from ander weer's persona. Com he provides for her own retirement with traditional ed at local trust come because the versamenter of the local Chamber of Commerce, Lance fait compelled to make theat The house when they provide more than the sport Social Security bersih Date Lace 123456 10 Wanda (40) 123-45-5767 QUOS PA19 100/2000 123-4560 05/07 we have 123.56785 IS 11 O . M Instructions For 1040 Ruth the way is a member of the local amber of Commerce, Lance to come to Security Number that Lance 1979 Pe Alle 19 10/09/2000 Kyle Ann OS Wayne Bovec 123-456 05/11/14 Ponny grated from school on May 2019. and is undecided toege. During 2019, she samed 58.500 placed in a swings theby of a local hotel Wels Wanda's widow other who died on December 20, 2019. For the past few Pederal income with is 13.90 Lance) and 1.200 (Wanda). The proper amount of Social Security and Medicare tax was withheld Required Determine the federal income tax for 2010 for the bears in a foretum by completing the appropriate forme Form 1040 and Schedule to complete this tax return, They do not own and did not use any virtual currency during the year and they do not want to contribute to the Presidentialection Campaign Fund. If an averament results, it is to be refunded to the Make reaktions about any ming data Inter all amounts as positive numbers . If an amount box does not require an entry or the answer is reenter . Use the tax rate schedules included with this problem. When computing the taxability, do not round your mediate calculations. If required and your final answers to the nearest der
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