Schedule B

Carenl $($age $40)$ is an employee in XYZ Consulting Group. She is requesting you,

s one of the company's tax accountants, to handle her taxes for the current year.

eview the following information for the current tax year that is pertinent to Karen

the following table and below is the income that Karen realized during the year.

dditional Information:

Garen purchased Ally Corporation bonds between interest

eriods and paid $$1,000$ in accrued interest

Caren received a qualified dividend payment from XYZ

Corporation of $$4,200.$

Caren itemized in the prior year.

Complete the Schedule B form linked in the lesson with the above

isted items.

Compute below the total taxable income. Detail your answers and

how your calculations.