PrepareBrenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her SSN isTax ReturnProblem 2 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her FormW-2 contained information in the following boxes:Wages (box 1) = S67,155.75%3DFederal W/H (box 2) = $ 8,366.12Social security wages (box 3) = $67,155.75Social security W/H (box 4) = $ 4,163.66Medicare wages (box 5) = $67,155.75Medicare W/H (box 6) = $ 973.76bemco%3DShe also received two Forms 1099-INT. One was from First National Bank of Marshfieldand showed interest income of $537.39 in box 1. The other Form 1099-INT was from BaystateSavings and Loan and showed interest income of $281.70 in box 1.Brenda had qualifying health care coverage at all times during the tax year.Prepare a Form 1040 for Brenda.

Note: It is assume that no claim single is $10,150.

Tax Return Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her Problem 2 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained information in the following boxes: Wages (box 1) = S67,155.75 Federal W/H (box 2) = $ 8,366.12 %3D Social security wages (box 3) = $67,155.75 Social security W/H (box 4) = $ 4,163.66 Medicare wages (box 5) = $67,155.75 %3D %3D Medicare W/H (box 6) = $ 973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $537.39 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed interest income of $281.70 in box 1. Brenda had qualifying health care coverage at all times during the tax year. Prepare a Form 1040 for Brenda.

Tax Return Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her Problem 2 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained information in the following boxes: Wages (box 1) = S67,155.75 Federal W/H (box 2) = $ 8,366.12 %3D Social security wages (box 3) = $67,155.75 Social security W/H (box 4) = $ 4,163.66 Medicare wages (box 5) = $67,155.75 %3D %3D Medicare W/H (box 6) = $ 973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $537.39 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed interest income of $281.70 in box 1. Brenda had qualifying health care coverage at all times during the tax year. Prepare a Form 1040 for Brenda.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter3: Social Security Taxes

Section: Chapter Questions

Problem 6PB: Amanda Autry and Carley Wilson are partners in A W Gift Shop, which employs the individuals listed...

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Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her SSN is 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained the following information: Wages (box 1) = $67,155.75 Federal W/H (box 2) = $8,366.12 Social Security Wages (box 3) = $67,155.75 Social Security W/H (box 4) = $4,163.66 Medicare Wages (box 5) = $67,155.75 Mediare W/H (box 6) = $973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $537.39 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed interest income of $329.31 in box 1. Brenda had qualifying health care coverage at all times during the tax year. Prepare a Form 1040 for Brenda.
Jin Xiang is single and lives at 2468 North Lake Road in Deerwood, MN 56444. Her SSN is 412-34-5670. She worked the entire year for Lakeland Automotive. The Form W-2 from Lakeland contained the followign information: Wages (box 1) = $42,851.89 Federal W/H (box 2) = $4,583.91 Social Security Wages (box 3) = $42,851.89 Social Security W/H (box 4) = $2,656.82 Medicare Wages (box 5) = $42,851.89 Medicare W/H (box 6) = $621.35 On the weekends, Jin worked at Parts-Galore, a local auto parts store. The Form W-2 from Parts-Galore contained the following information: Wages (box 1) = $11,591.87 Federal W/H (box 2) = $548.82 Social Security Wages (box 3) = $11,591.87 Social Secutiry W/H (box 4) = $718.70 Mediare Wages (box 5) = $11,591.87 Medicare W/H (box 6) = 168.08 Jin also received a Form 1099-INT from Minnesota Savings and Loan. The amount of interest income in box 1 was $51.92 Jin had qualifying health care coverage at all times during the year. Prepare a Form 1040 for Jin.
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