Question: MPREHENSIVE PROBLEMS 1. John Williams (birthdate A withholdings as the manageri 2. 1976) is a single taxpayer. John's earnings and al casino for 2019 are

MPREHENSIVE PROBLEMS 1. John Williams (birthdate A withholdings as the manageri 2. 1976) is a single taxpayer. John's earnings and al casino for 2019 are reported on his Form W-2: e file 31-1450656 196.000.00 25,000.00 132.900.00 Lucky Ace Casino TOO N. Sierra Street Reno, NV 89503 195,000.00 John Williams 1324 Skyewalker Drive Reno, NV 89501 NVI W-2 Wape and Tax Copy-To be in my PEDERAL T elur This information is ber e d to the Revenue Service 2019 John's other income includes interest on a savings account at Nevada National Bank of $13,691. John pays his ex-wife, Sarah McLoughlin, $3,900 per month in accordance with their February 12, 2013 divorce decree. When their 12-year-old child in the ex-wife's custody) reaches the age of 18, the payments are reduced to $2,800 per month. His ex- wife's Social Security number is 554-44-5555. In 2019, John purchased a new car and so he kept track of his sales tax receipts during the year. His actual sales tax paid is $3,700, which exceeds the estimated amount per the IRS tables. John participates in a high-deductible health plan and is eligible to contribute to a health savings account. His HSA earned $75 in 2019. During the year, John paid the following amounts (all of which can be substantiated): $1,760 4,300 900 6,000 2,700 2,850 900 Credit card interest Auto loan interest Auto insurance - Contribution to IRA Property taxes on personal residence - Contributions to HSA Income tax preparation fee Charitable contributions (all cash): Boy Scouts St. Matthews Church U of Nevada (Reno) Medical School Nevada Democratic Party Fund-raising dinner for the Reno Auto Museum (value of dinner is $25) 1,350 3,100 27,000 250 100 25 Questions and Pr John also received the following Form 1098: VOID CORRECTED OMB No. 1545-1380 RECIPIENTS/LENDER'S name, street address, city or town, state or province, country. ZIP or foreign postal code, and telephone no. 2019 Reno Bank & Trust 49 Commerce Street Reno, NV 89501 Mortgage Interest Statement Copy C For Recipient Lender RECIPIENTS/LENDER'S TIN Form 1098 1 Mortgage interest received from payersborrowers $19.003.41 2 Outstanding mortgage 3 Mortgage origination date principal $ 591.786.32 3/01/2003 4 Refund of Overpad 5 Mortgage insurance interest premiums PAYER'S/BORROWER'S TIN 33-1234569 555-94-9358 PAYER'S/BORROWER'S name John Williams 6 Points paid on purchase of principal residence Street address including apt. no.) 1324 Skyewalker Drive 7 IX address of property securing mortgage is the same as PAYER'S BORROWER'S address, check the box, or enter the address or description in box 8. For Privacy Act and Paperwork Reduction Act Notice, see the 2019 General Instructions for Certain Information Returns City or town, state or province, country, and ZIP or foreign postal code Reno, NV 89501 Address or description of property securing mortgages instructions) Number of properties securing the 10 Other mortgage 11 Mortgage acquisition Account number (see instructions Form 1098 www.lrs.gowForm1098 Department of the Treasury - Internal Revenue Service Required: Complete John's federal tax return for 2019. Use Form 1040, Schec Schedule A, Schedule B, and Form 8889 to complete this tax return. Make I assumptions about any missing data. 2A. Bea Jones (birthdate March 27, 1984) moved from Texas to Florida in Decembe She lives at 654 Ocean Way, Gulfport, FL 33707. Bea's Social Security nun 466-78-7359 and she is sinola H MPREHENSIVE PROBLEMS 1. John Williams (birthdate A withholdings as the manageri 2. 1976) is a single taxpayer. John's earnings and al casino for 2019 are reported on his Form W-2: e file 31-1450656 196.000.00 25,000.00 132.900.00 Lucky Ace Casino TOO N. Sierra Street Reno, NV 89503 195,000.00 John Williams 1324 Skyewalker Drive Reno, NV 89501 NVI W-2 Wape and Tax Copy-To be in my PEDERAL T elur This information is ber e d to the Revenue Service 2019 John's other income includes interest on a savings account at Nevada National Bank of $13,691. John pays his ex-wife, Sarah McLoughlin, $3,900 per month in accordance with their February 12, 2013 divorce decree. When their 12-year-old child in the ex-wife's custody) reaches the age of 18, the payments are reduced to $2,800 per month. His ex- wife's Social Security number is 554-44-5555. In 2019, John purchased a new car and so he kept track of his sales tax receipts during the year. His actual sales tax paid is $3,700, which exceeds the estimated amount per the IRS tables. John participates in a high-deductible health plan and is eligible to contribute to a health savings account. His HSA earned $75 in 2019. During the year, John paid the following amounts (all of which can be substantiated): $1,760 4,300 900 6,000 2,700 2,850 900 Credit card interest Auto loan interest Auto insurance - Contribution to IRA Property taxes on personal residence - Contributions to HSA Income tax preparation fee Charitable contributions (all cash): Boy Scouts St. Matthews Church U of Nevada (Reno) Medical School Nevada Democratic Party Fund-raising dinner for the Reno Auto Museum (value of dinner is $25) 1,350 3,100 27,000 250 100 25 Questions and Pr John also received the following Form 1098: VOID CORRECTED OMB No. 1545-1380 RECIPIENTS/LENDER'S name, street address, city or town, state or province, country. ZIP or foreign postal code, and telephone no. 2019 Reno Bank & Trust 49 Commerce Street Reno, NV 89501 Mortgage Interest Statement Copy C For Recipient Lender RECIPIENTS/LENDER'S TIN Form 1098 1 Mortgage interest received from payersborrowers $19.003.41 2 Outstanding mortgage 3 Mortgage origination date principal $ 591.786.32 3/01/2003 4 Refund of Overpad 5 Mortgage insurance interest premiums PAYER'S/BORROWER'S TIN 33-1234569 555-94-9358 PAYER'S/BORROWER'S name John Williams 6 Points paid on purchase of principal residence Street address including apt. no.) 1324 Skyewalker Drive 7 IX address of property securing mortgage is the same as PAYER'S BORROWER'S address, check the box, or enter the address or description in box 8. For Privacy Act and Paperwork Reduction Act Notice, see the 2019 General Instructions for Certain Information Returns City or town, state or province, country, and ZIP or foreign postal code Reno, NV 89501 Address or description of property securing mortgages instructions) Number of properties securing the 10 Other mortgage 11 Mortgage acquisition Account number (see instructions Form 1098 www.lrs.gowForm1098 Department of the Treasury - Internal Revenue Service Required: Complete John's federal tax return for 2019. Use Form 1040, Schec Schedule A, Schedule B, and Form 8889 to complete this tax return. Make I assumptions about any missing data. 2A. Bea Jones (birthdate March 27, 1984) moved from Texas to Florida in Decembe She lives at 654 Ocean Way, Gulfport, FL 33707. Bea's Social Security nun 466-78-7359 and she is sinola H
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