Question: ront Paragraph Select Styles Editing Voice Editor Add - ins information pertaining to their activight - year - old son, Jorge, from his previous marriage.

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information pertaining to their activight-year-old son, Jorge, from his previous marriage. Diana works as a computer programmer at Datafile incorporated (DI) earning a base salary of $105,500. Fyan is self-employed and runs a day care center. The
a. Diana earned a $105,500 base salary for the year (not including any taxable benefits). motive for the loan.
c. Ryan received $2,950 in alimony and $6,400 in child support payments from his former spouse. They divorced in 2016.
d. Ryan won a $1,090 cash prize at his church-sponsored Bingo game.
e. The Workmans received $1,450 of interest from corporate bonds and $1,200 of interest from a municipal bond. Ryan owned these bonds before he married Daina.
f. The couple bought 88 shares of ABC Incorporated stock for $59 per share on July 2. The stock was worth $85 a share on December 31. The stock paid a qualified dividend of $1 per share on December 1.
g. Ryan's father passed away on April 14. He inherited cash of $69,000 from his father and his baseball card collection, velued at $3,900. As the beneficiary of his father's life insurance policy, Ryan also received $169,000.
h. The couple spent a weekend in Atlantic City in November and came home with gross gambling winnings of $3,100.
i. Diana received $4,200 cash for reaching 10 years of continuous service at DI. her year-end W-2.
k. The drunk driver who hit Diana in part (j) was required to pay her $3,900 medical costs, $3,400 for the emotional trauma she suffered from the accident, and $8,800 for punitive damages. the check at home until January 2.
m. Ryan is a 10 percent owner of MNO Incorporated, a Subchapter S corporation. The company reported ordinary business income for the year of $130,000. Ryan acquired the MNO stock two years ago. vacation home for a week (worth $12,000) in exchange for Ryan allowing their child to attend the day care center free of charge. Ryan accounts for his business activities using the cash method of accounting.
o. Diana's employer pays the couple's annual health insurance premiums of $15,000 for a qualified plan.
p. Complete page 1 of Form 1040 through line 9 and Schedule 1 for Diana Workman (for filing MFS). Election Campaign fund and did not have any virtual currency transactions or interests. Use 2023 tax rules regardless of year on tax form.
r. Diana's address is 19010 N.W.135th Street, Miami, FL 33054
s. Social security numbers:
t. Ryan: 111-22-3333
u. Diana: 222-33-4444
v. Jorge: 333-44-5555
ront Paragraph Select Styles Editing Voice Editor

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