Ask Experts Questions for FREE Help !
Ask
    tlokita04's Avatar
    tlokita04 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 21, 2013, 08:09 PM
    tax Homework Help
    Andrew l jackson born on 1/4/1965 lives with his son john 311-45-9561 born 5/5/1996. Andrews wife died in 2011 and he has not remarried, on his joint return in 2011 his itemized deductions were $13,450. Their 2011 state income tax deduction was $1,689 and the sales tax deduction they could have taken was $989. On march 13, 2012 andrew was in a car accident, he had paid 424,000 for his subaru on February 4, 2010. The fmv of the car before the accident was $17,000. The fmv after the accident was 11,000 his insurance paid him. Andrew is a manufactoers rep in 2012 he travled away from home on business and had the following expenses airfare $830, meals $320, entertainment $55, hotel bill $600, car rental $250, parking fees $12,
    Andrew also had the following expenses doctor bills $650, health insurance $2,400, prescription drugs $300, life insurance $1,500, health club dues $300, chruch contributions $600 (no one contribution over $250), tax preparation fee $140, legal fees related to his wife's death $400, safe deposit box fee to store his stock certificates $120, united way contribution $25 per month, car loan interest $800 gifts to 3 clients $190, business cards $45, union dues $300,
    Andrew took a course at norh central Missouri college 1301 mAIN STREET TRENTON MO 64683 TO QUALIFY for a new job he paid tuition of $400 and did not reciece form 1099-t in 2011 or 2012, andrew has never claimed the hope scholarship credit or the american opportunity credit. He is not enrolled at least half time for one academic period in 2012 andrew received an expense allowance of $500 fror his travel expenses under emplyers accountable plan shown with code L in box 12 of hi w-2 form he did not receive a meal or entertainment allowance his wages were 43,000 and the rest in 3-5 was the same he got a 1099-g stat of missour state or local income in box 2 was 300 then a 1098 bank of Missouri with 7,280.23 in box one and real estate tax paid on box 4 was 3,000 then he had a 1099-g Missouri unemployement for box one was 3,800 nothing else what forms do I need and how do I fill them out please
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
     
    #2

    Oct 21, 2013, 08:38 PM
    What class is this for? No books? Do you really expect someone to do this for you. Read it again -424,000 for his Subaru? We do help. not homework for you.
    Go to the library and get the 1040 guide and state tax guide. Read them.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Oct 22, 2013, 04:44 PM
    Yes, this is HOPEFULLY a homework question because posting a SSN on a public forum is NOT a good idea.

    If it IS homework, the forum rules prevents us from answering your questions in detail.

    However, you will file Form 1040 and the Missouri state return. You qualify for the Lifetime Learning Credit for the college course.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Free tax accounting homework help [ 1 Answers ]

on January 1, 2012, Faye have Todd, her son a 36 month cerificate of deposit she purchased dec 31, 2010, for $8638, faye gave todd a 1000 shares of ABC, inc. on December 2,2012 the certificate had a maturity value of $10,0000 and the yield maturity wa 5%. On November 30, 2012, ABC inc. had...

How to get social securtiy tax and medicare tax back (J-1, sign tax treaty)? [ 1 Answers ]

I hold J-1 visa and am a researcher from China, and sign the tax treaty form. I can file tax forms to get federal and state fax back. But there are social securtiy tax withheld and medicare tax withheld over 1000 USD in total. Do I need to pay that or can I get them back and how? Thank you so...

Tax for F-1 visa on OPT with tax treaty, resident alien for tax purpose [ 2 Answers ]

HI--I have multiple "identities" with regard to tax: 1. I'm an F-1 visa holder 2. I'm on OPT from Sept.2007-Aug.2008 3. I have benefits of tax treaty, under which I can be exempted from federal taxes up to $5000 a year for wages, and unlimited amount for fellowship 4. I'm a resident alien for...

Homework language homework [ 1 Answers ]

You see well I have this homeworkassighmentthat isdo first thing in the morning so all I ask is that you write down some words in azorean langugauge! Words: Pencil Sharpener Paper Crayon Pen Binder

Form 1116, foreign tax credit: Tax paid vs tax accrued, exchange rates and dates [ 2 Answers ]

Hi, I'm applying for foreign tax credit on taxes I've paid / accrued on interest earned in savings accounts and certificate deposits in New Zealand. For cds, the bank statements don't give precise dates for when taxes were withheld. And so I have several questions relating to form 1116, Part II: ...


View more questions Search