Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Sales $ 72,000 Accounts receivable increase $ 8,000 Expenses: Inventory decrease 4,000 Cost of goods sold 42,000 Salaries payable increase 700 Salaries expense 11,000 Depreciation expense 8,000 Net income […]
Learn how to Prepare Tax Returns Practice preparing federal individual tax returns with real-world scenarios. You get to prepare basic federal returns with 13 practice tax returns. This package has all 13 Intuit tax preparation practice tax return guides. Please use these as a guide when taking the course. If you want to see what […]
TR 23.9 Tony Taxpayer Task File the tax returns based on Tax Scenario & Facts, Form W2 provided below. Name Tony Taxpayer Greta Taxpayer Tanya Taxpayer Relationship Husband, father Wife, mother Daughter SSN 305-44-0001 305-44-0002 305-44-0003 DOB 1/1/1984 2/2/1985 3/3/2013 DOD (Deceased, date of death: 05/05/2022) Address 12 Mandolin Way, Nashville, TN 37072 […]
TR 23.8 Jane Taxpayer Task File the tax returns based on Tax Scenario & Facts, Form SSA-1099, Form 1099-INT, Form 1099-DIV and Form 1099-R provided below. Tax Scenario & Facts Meet Jane Taxpayer. Jane is retired and enjoying life in Miami, FL. Her income consists of interest, dividends, social security and a RMD from her […]
TR 23.7 Jim & Dana Taxpayer Task File the tax returns based on Tax Scenario & Facts, Form W2, Form 1099-INT and SSA-1099 provided below. Tax Scenario & Facts Jim and Dana Taxpayer are married and will file a joint tax return. Jim is an engineer and Dana is a librarian at her local Library. […]
TR 23.6 Jim & Dana Taxpayer Task File the tax returns based on Tax Scenario & Facts. Form W2 provided below. Tax Scenario & Facts Jim Taxpayer needs you to prepare his 2023 1040 tax return. He is an elementary school teacher at Educational Endeavors, a private school in Tennessee. He is married to his […]
TR 23.13 Henry & Ruth TaxpayerTaskFile the tax returns based on Tax Scenario & Facts, Form W2 provided below. Tax Scenario & Facts: Henry & Ruth Taxpayer live in Nashville. TN with their two children. Henry is a teacher at a Waldorf school, and Ruth is a doctor. Henry has teacher expenses to deduct, and […]
TR 23.12 Dana Taxpayer Task File the tax returns based on Tax Scenario & Facts, Form W2 and 1098-T provided below. Tax Scenario & Facts Meet Dana Taxpayer. Dana is a middle school teacher in Knoxville, TN. Dana’s husband Mark passed away on July 17, 2022. Dana does not own any digital assets. She owns […]
TR 23.11 Henry & Ruth Taxpayer Task File the tax returns based on Tax Scenario & Facts, Form W2 and 1098-T provided below. Tax Scenario & Facts Taxpayer Spouse Dependent Name Henry Taxpayer Ruth Taxpayer Amy Taxpayer Marital Status Married Married Single SSN 305-44-0002 305-44-0001 305-44-0003 DOB 5/11/1970 5/11/1975 1/1/2015 Occupation Construction worker Manager […]
Tax Scenario & Facts Jennifer Taxpayer needs you to prepare her 2023 1040 tax return. She is an elementary school teacher at a private school in Tennessee. She is married to her husband Parnel and they wish to file married filing separately. Her only income is from one W-2 and bank interest listed on two […]
