Question: [Problem 4] . Given the following information and situations, fill in the required parts within the Form 1040. You need NOT consider other tax forms

[Problem 4] . Given the following information and situations, fill in the required parts within the Form 1040. You need NOT consider other tax forms (e.g., Schedule A, Schedule B).

  • Benjamin is single and his annual salary is $50,000. His company withholds $5,935 of Benjamins salary for federal income taxes.
  • Benjamin received interest of $1,000 on City of Boston bond.
  • He sold a stock during the year and realized a loss of $5,000. The stock was acquired four years ago.
  • Benjamin has no itemized deduction.

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