Any help....please! Check Your Work - Microsoft Edge Wendy O\'Neil (SSN 412-34-5

Question

Any help....please!

Check Your Work - Microsoft Edge Wendy O'Neil (SSN 412-34-5670), who is single, worked full time as the director at a local charity. She resides at 1501 Front Street, Highland, AZ 85711. For the year, she had the following reported on her w-2; Wages Federal withholding Social security wages Social security withholding Medicare State withhold $46,200 6,930 46,200 2,864 670 2,310 Other information followS 1099-INT New Bank $300 400 Qualified dividends 400 IV Freeze, Inc. Ordinary dividends Wendy had the following itemized deductions State income tax withholding State income tax paid with the 2015 return Real estate tax Mortgage interest $ 2,310 100 2,600 8,060 Wendy inherited a beach house in North Carolina (rental only) on January 2, 2015, from her father. The FMV at the father's death was $850,000. He had purchased the house 20 years earlier tor $100,000. Summer rental income Repairs Real estate taxes Utilities Depreciation $45,000 2,500 6,500 2,400 e land value alculate On December 29, 2016, Wendy propertly conducted a like-kind exchange for rental real estate located at 128 Lake Blvd., Hot Town, AZ. She received rental property with a FMV of $950,000 and $20,000 cash in exchange for the North Carolina beach house. The Arizona property did not produce any income until 2017 Prepare Form 1040 for Wendy for 2016. The taxpayer had qualifying health care coverage at all times during the tax year. You will also need Schedule A, Schedule D, Schedule E, Form 4562, and Form 8824 O Type here to search ^4x 11/27/2017 1) | 5:27 PM

Explanation / Answer

Fill in the other annexures so that it automatically updated in the main sheet.

Fill the entire annexures next to the main sheet. Some values can not be entered manually and so fill all the required values in the annexure sheets.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.