Solution Manual For income tax fundamentals 2023, 41st edition by Gerald whittenburg, Steven Gill

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Solution Manual For income tax fundamentals 2023, 41st edition by Gerald whittenburg, Steven Gill D-2 Solutions for Additional Comprehensive Tax Return Problems DRAFT ASASAS O F September 1, 2 F... oreign province/state/county Foreign postal code ZIP code 45402 State OH Apt. no. Last name Arc Last name Arc Form 022 DO NOT FILE 1040 Department of the Treasury—Internal Revenue Service U.S. Individual Income Tax Return 2022 OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space. Filing Status Check only Single x Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying surviving spouse (QSS) one box. If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child’s name if the qualifying person is a child but not your dependent: Your first name and middle initial Noah If joint return, spouse’s first name and middle initial Joan Home address (number and street). If you have a P.O. box, see instructions. 1265 W. Riverview Ave. City, town, or post office. If you have a foreign address, also complete spaces below. Dayton Foreign country name Your social security number 434 11 3311 Spouse’s social security number 456 87 5432 Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund. You Spouse Digital Assets Standard Deduction At any time during 2022, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell, exchange, gift, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.) Yes Someone can claim: You as a dependent Your spouse as a dependent Spouse itemizes on a separate return or you were a dual-status alien x No Age/Blindness You: Were born before January 2, 1958 Are blind Spouse: Was born before January 2, 1958 Is blind Dependents (see instructions): (2) Social security (3) Relationship (4) Check the box if qualifies for (see instructions): If more than four dependents, see instructions and check here . . (1) First name Last name Shem Arc Nora Arc number 598 01 2345 554 33 2411 to you Son Daughter Child tax credit x x Credit for other dependents Income Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld. If you did not get a Form W-2, see instructions. 1a Total amount from Form(s) W-2, box 1 (see instructions)................................................................................1a b Household employee wages not reported on Form(s) W-2........................................................................1b c Tip income not reported on line 1a (see instructions) ................................................................................ 1c d Medicaid waiver payments not reported on Form(s) W-2 (see instructions)...................................................1d e Taxable dependent care benefits from Form 2441, line 26........................................................................ 1e f Employer-provided adoption benefits from Form 8839, line 29 ................................................................. 1f g Wages from Form 8919, line 6..........................................................................................................................1g h Other earned income (see instructions)............................................................................................................1h i Nontaxable combat pay election (see instructions) ................................................ i z Add lines 1a through 1h ........................................................................................................................... 1z 31,000 31,000 Attach Sch. B if required. 2a Tax-exempt interest . . . 3a Qualified dividends . . . 4a IRA distributions . . . . Pensions and annuities . . Social security benefits . . b Taxable interest ......................................2b b Ordinary dividends...............................3b b Taxable amount ......................................4b b Taxable amount ......................................5b b Taxable amount ......................................6b 1,945 c Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . 7 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2022) 2a 3a 1,930 4a 5a 6a Standard 5a Deduction for— • Single or 6a Married filing separately, $12,950 7 • Married filing jointly or Qualifying 8 9 surviving spouse, $25,900 10 • Head of 11 household, 12 $19,400 13 14 15 • If you checked any box under Standard Deduction, see instructions. If you elect to use the lump-sum election method, check here (see instructions) . . . . . 11,450 Other income from Schedule 1, line 10 . . . . . . . . . . . . . . . . . . 8 36,909 Add lines 1z, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income . . . . . . . . . . 9 81,304 Adjustments to income from Schedule 1, line 26 . . . . . . . . . . . . . . . 10 7,536 Subtract line 10 from line 9. This is your adjusted gross income . . . . . . . . . . 11 73,768 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . 12 25,900 Qualified business income deduction from Form 8995 or Form 8995-A . . . . . . . . . 13 6,673 Add lines 12 and 13 . . . . . . . . . . . . . . . . . . . . . . . . 14 32,573 Subtract line 14 from line 1 [Show More]

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