Question: Use your tax software to complete the following problems. If you are manually preparing the tax returns, you will need Form 1040, Schedule A, Schedule

 Use your tax software to complete the following problems. If you

Use your tax software to complete the following problems. If you are manually preparing the tax returns, you will need Form 1040, Schedule A, Schedule B, Schedule D, Schedule D worksheets, and Form 4797, Form 8949, or other forms, depending on the problems Jorge Gomez is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. His W-2 for 2016 shows gross wages of $92,600 with $5,741 of social security and $1,343 of Medicare taxes withheld. He has $17,047 of federal withholding and $2,595 in state withholding. Jorge does not itemize. He had the following stock transactions for the year: Stock Shares Date Purchased Date SoldSale Price Cost 5.500 800 2.800 7/8/15 3/12/16 2/13/09 9/12/16 10/21/16 0/21/16 $15,000 43,000 30,000 $18.000 47.000 22.000 He also has interest from a savings account with Local Neighborhood Bank of $250 and a dividend from a Form 1099-DIV of $1,600 in ordinary dividends, of which $1,350 are considered qualified dividends. Prepare a 2016 Form 1040 for Jorge and all related schedules and forms Assume that each box 3 of the 1099-Bs was not checked for all sales transactions. Jorge had qualifying health care coverage at all times during the tax year

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