INSTRUCTIONS: form 1040, Schedule 1, Schedule A, Schedule B, Schedule D: Schedula E: form 8949, and form 8582 for John Fuji using the information given on pages 5-79 through 5-82 of your textbook When you have completed the return on paper, transfer your Mormation to electronic forms from the IRS web site and submit {8 files}. Do not use dollar signs or cants on retums. Leave blankeny lines thet are not needed Do not fill with zeros Add your name in parentheses after John Fuji in the taxpayer name box on each form. Example_ John Fuji (Student Name).
NOTE Details concerning alimony taxability can be found in chapter 2.
Information regarding John’s mortgage interest and property taxes can be found on the 1098. Additional information tor Schedule A is given in the list ot amounts paid at the top ot page 5-82. Not all information owen Will ba used. ae sure to check items for deductibility
FORMS: You will need to complete Schedule B for dividends, Form 9040 for the gain on the sale of his residence: Schedule E lor the rental, and Form 3582 to determine the deductibility of the rental loss as v•ell as Schedule A for itemized deductions The aualified Dividends and Capital Gain Tax Worksheet Line 16 should be used to determine the tax liability: but it need not be submitted for credit. There is a blank Qualified Dividends and Capital Gain Tax Worksheet on page 2-32.1
Check figures: = 114 953 Schedule A = 16,379; Refund = 335
use of IRS site forms: When you are satisfied that your paper return is complete and correct, log onto vmw.irs.aov. Down oad the forms needed by clicking on the download Icon when the file opens and selecting Adobe Acrobat Reader DC You can save them to a falder before or after filling in the data If you seve them blank, be sure to save each form again after you have filled it with data. Check your sawed forms before attaching the Canvas.