Open the form in adobe reader

Assignment Help Accounting Basics
Reference no: EM13974859

Fill out a 1040 tax form on the following link: www.irs.gov/pub/irs-pdf/f1040.pdf. You can find additional instructions on Canvas at the end of the description of the assignment. Instructions will also be given in class. After filling out the form, click on the button on the toolbar of the form (not the browser toolbar) to save the assignment. NOTE: If you are using a Mac computer, open the form in Adobe Reader, NOT Preview. Preview will not save what you typed in. You will end up submitting a blank form. Submit the assignment through Canvas attaching the form as a pdf file. Do not put anything on line 51 and 66a for this assignment even if they qualify for those items. Do NOT use your own information for the tax form. You will receive 1 point for each correct number. Use the following information:

Family: Parents - Garrett and Monica Carpenter, Children - Austin (age 9), Cortney (age 6), their status is married filing jointly

Income: Garrett - $45,070, Monica - $21,092, Interest - $214

IRA: Garrett had an IRA deduction of $2,000 and Monica had one for $2,500 - total of $4,500

Deductions: They did NOT itemize their deductions; they used the standard deduction of $12,600

Tax (line 44): $4,069

Child Tax Credit (line 52): $1000 for each child, total of $2,000

Federal Income Tax Withheld (from W-2): Garrett - $2,069, Monica - $753

Reference no: EM13974859

Questions Cloud

Average price of these tires to increase : In 2009, the United States imposed a tariff of 35% on radial car tire imports from China. The tariff caused imports of these tires to drop from 13 million tires to less than 6 million tires in one quarter, and the average price of these tires to incr..
Problem regarding the asymptotic distribution : She wants to have an estimate that is within 2 percentage points of the true proportion with probability = .99. How many registered voters must be interviewed, based on the asymptotic distribution of X?
What is ground states of local hamiltonians : What is a good summary of the results about the correspondence between matrix product states (MPS) or projected entangled pair states (PEPS) and the ground states of local Hamiltonians? Specifically, what "if and only if" type of equality/approxim..
Recommend your industry trade association take : Your company, ExAG, exports billions of dollars in genetically modified agricultural products around the world. What position, either for or against, do you recommend your industry trade association take? Explain in detail the reasoning behind your p..
Open the form in adobe reader : Fill out a 1040 tax form on the following link: www.irs.gov/pub/irs-pdf/f1040.pdf (1 point for each line). You can find additional instructions on Canvas at the end of the description of the assignment
Is the muslim concept of allah compatible with the biblical : Is the Muslim concept of Allah compatible with the biblical view of God? explain why or why not.
Forecast the new weekly unemployment insurance claims : Which of the methods in parts (a) and (b) produces better forecasts for the three years from 2007 to 2009? Answer on the basis of mean square error (MSE).
Individuals tend to act in their own self interest : According to microeconomics, individuals tend to act in their own self interest. However, Mankiw offers no recommendations in the opening chapters of his text for how humans can re-sculpt their brains so that their expression of self interest is more..
Determining the manufacturing process results : The Stonebridge Tire Co. manufactures passenger­ car tires. The manufacturing process results in either first-quality tires, blemished tires, or defective tires. The proportions of the tires manufactured that fall in the three categories are .88, ..

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  How much can nelsons short-term debt notes payable

the nelson company has 1207500 in current assets and 525000 in current liabilities. its initial inventory level is

  Amortization schedule using the effective interest method

On January 1, 2010, the Calvert Company issues 12%, $100,000 face value bonds for $103,545.91, a price to yield 10%.

  Organization budgets

An organization's budgets will often be prepared to cover:

  Questions based on partnership

Questions based on partnership. a)Write definition of partnership? b) Name and discuss the characteristics of a partnership c) Advantages of a partnership as a form of business

  Trilluium processes in auto insurance policies on

trilluium processes in auto insurance policies on abatch-oriented computer system with magnetic dist storage.customers

  Which machine should mercil buy and why

Annual depreciation is $9,000, and the machine has no salvage value.Machine B: Costs $50,000 to acquire and $24,600 a year to operate in each year of its 10-year life. Annual depreciation is $5,000, and the machine has no salvage value.

  What amount should a student deposit today

Tuition is 1,769 will be due when the spring term begins in 4 months. What amount should a student deposit today, at 3.25% to have enough to pay the tuition?

  The following data were obtained from an analysis of the

adjusting entriesthe following data were obtained from an analysis of the accounts of co. a as of march 31 2008 in

  Instituted new accounting policies

At the beginning of 2013, Wagner Implements undertook a variety of changes in accounting methods, corrected several errors, and instituted new accounting policies.

  The websites of procter & gamble and harley davidson

Visit the websites of Procter & Gamble and Harley Davidson

  Does anyone know why the interest coverage ratio for abank

does anyone know why the interest coverage ratio for abank would be so low? i am getting results ofabout 1.3 times

  A firm issues two bonds with identical issues prices

a firm issues two bonds with identical issues prices market-required yields and final maturity dates. one bond is a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd