Question: Tax Return Problem 10-Points Due 3/11/23(11:00 PM) -Robert A. Kinter, age 70, is single and has no dependents. Robert's Social Security number is 111-11- 1115.

Tax Return Problem 10-Points Due 3/11/23(11:00 PM) -Robert A. Kinter, age 70, is single and has no dependents. Robert's Social Security number is 111-11- 1115. His address is 727 Big Horn Avenue, Lanham, MD 20756. He has no investment in virtual currency. He wants to contribute $3 to the Presidential Election Campaign Fund. The following describes activities which Robert was engaged in during 2022. Required: Prepare the 2022 Tax return for Robert Kintner. Complete the following and submit through BB. 1. F-1040 through to line 16. 2. Schedule-1 -Robert owns and operates a part time tax practice. In 2022, his Net income/profit from that business (reported on Schedule C), totaled 25,900. -He also owns Real Estate on the Eastern Shore which he rents to unrelated parties. In 2022, his Net rental income (reported on Schedule E) totaled $12,000. -Robert is also a fulltime employee at Nationwide Bank, Inc. The following information is shown on his Wage and Tax Statement (Form W-2) for 2022. Description Amount Wages, tips, other compensation $100,000.00 Federal income tax withheld 12,500.00 Social Security wages 100,000.00 Social Security tax withheld 6,200.00 Medicare wages and tips 100,000.00 Medicare tax withheld 1,450.00 State MD State wages, tips, etc. 100,000.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!