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Required information [The following information applies to the questions displayed below] Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD). Shauna wanted to determine her taxable income for this year. She correctly calculated her. AGL. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income for 2023 . a. Shauna paid $4,692 for medical expenses for care from a broken ankle in October. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle. b. Shauna paid a total of $3,430 in health insurance premiums during the year (hot through an exchange). SD did not reimburse any of this expense, Besides the health insurance premiums and the medical expenses for her broken ankle. Shauna had Lasik eye surgery last year and paid $3,030 for the surgery (she received no insurance reimbursement). She also incurred $462 of other medical expenses for the year. c. SD withiheld $1,830 of state income tax, $7,525 of Social Security tax, and $14,620 of federal income tax from Shauna's paychecks throughout the year. d. In 2023 , Shauna was due a refund of $262 for overpaying her 2022 state taxes. On her 2022 state tax return that she filed in April 2023, she applied the overpayment toward her 2023 state tax liability. She estimated that her state tax liability for 2023 will be $2,330. e. Shauna paid $3,230 of property taxes on her personal residence, She also paid $512 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision. f. Shauna paid a \$212 property tax based on the state's estimate of the valuh f her car. 9. Shauna has a home mortgage loan in the amount of $226,000 that she secured when she purchased her home. The home is worth about $406,000. Shauna paid interest of $12,420 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporation to the Red Cros5. On the date of the contribution, the fair market value of the donated shares was $1,120 and her basis in the shares was $448. Shauna originally bought the ZY Corporation stock in 2009 . Shauna also contributed $312 cash to Form 1040 Page 1. d. In 2023, Shauna was due a refund of $262 for overpaying her 2022 state taxes, On her 2022 state tax return that she filed in April 2023, she applied the overpayment toward her 2023 state tax liability. She estimated that her state tax liablity for 2023 will be $2,330. e. Shauna pald $3,230 of property taxes on her personal residence, She also paid $512 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision. f. Shauna paid a $212 property tax based on the state's estimate of the value of her car. 9. Shauna has a home mortgage loan in the amount of $226,000 that she secured when she purchasd her home, The home is worth about $406,000. Shauna paid interest of $12,420 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporation to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,120 and her basis in the shares was $448. Shauna originally bought the ZYX Corporation stock in 2009 . Shauna also contributed $312 cash to State University and religious artifacts she has, held for several years to her church. The artifacts were valued at $512 and Shauna's basis in the items was $312. Shauna had every reason to believe the church would keep them on display indefinitely. Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,230 of services to her church last year. 1. Shauna pald $262 in investment advisory fees and another $162 to have her tax return prepared (that is, she paid $162 in 2023 to have her 2022 tax return prepared). J. Shauna is involved in horse racing as a hobby. During the year, she won $2,530 in prize money and incurred $11,200 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k. Shauna sustained $2,030 in gambling losses over the year (mostly horse { acing bets) and had only $212 in winnings. Arach farm Whate. Ain What and 1690-h if tar was withhels standant Deduclion for - bargle of Marfist fin. - Marlied fing bioldy pe Burving ingul tis 000 + rlyod of noulehold, $19.400 "If you checher Dediction. tee intructions For Oiseleners: Fuposf OTHER THAN EDUCAIIONAL. 02023 MeCraw Mill Cdutabon. (1) Required information e Points not reported to you on Form 1098. See instructons for spocial niles d Reserved for future use E Add lines Ba frrough Bo 9 Investment interest Attach form 4952 if pequired. See instructions 10 Add lines te and 9 Gifts to 11 CAs by cash or check. If you made any git of $250 or more, see instructions Charity 12 Other than by cash or check. If you made any git of $250 or mote, see instructions. Yoo must attach Form 8283 if over $500 Caution: if you made ght and got a beneft 13 Camyover from prior year 14 Add lines 11 through 13 \begin{tabular}{|l|l|} \hline sc & \\ \hline Bd & \end{tabular} for a, see instructions. 15 Casualty and theft ioss(es) from a federaly declared disaster (other than net qualifiod disaster losses). Casualty and Theft Losses Attach Form 4684 and entor the amount from line 18 of that form. See instructions 16 Other-from list in instructions. List type and amount Other se Itemized Deductions Total 17 Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or Itemized Deductions 18 if you elect to itemize deductions even though they are less than your standard deduction, check this box. For Paperwork Reduetion Aet Notice, see the instructions for Form 1040. Cat. No, 17145C Schenle A (Form THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM, IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL O 2023 McGraw. Hill Education. 1040 PO 1 a-2. Complete page 1 of Form 1040 (through taxable income, line 15) and Schedule A assuming her AGI is $113,000. (Round your intermediate computations to the nearest whole dollar amount. Input all the values as positive numbers, Enter any non-financial information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Use 2023 tax rules regardless of year on form.) Shauna does not wish to contribute to the Presidential Election Campaign fund or did not have any virtual currency transactlons or interests. Shauna's address is 19010 N.W. 135th Street, Miami, FL 33054. Soclat security numbers: Shauna Coleman: 111-11-1111 Form 1040 for Single with no dependents. Required information [The following information applies to the questions displayed below] Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD). Shauna wanted to determine her taxable income for this year. She correctly calculated her. AGL. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income for 2023 . a. Shauna paid $4,692 for medical expenses for care from a broken ankle in October. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle. b. Shauna paid a total of $3,430 in health insurance premiums during the year (hot through an exchange). SD did not reimburse any of this expense, Besides the health insurance premiums and the medical expenses for her broken ankle. Shauna had Lasik eye surgery last year and paid $3,030 for the surgery (she received no insurance reimbursement). She also incurred $462 of other medical expenses for the year. c. SD withiheld $1,830 of state income tax, $7,525 of Social Security tax, and $14,620 of federal income tax from Shauna's paychecks throughout the year. d. In 2023 , Shauna was due a refund of $262 for overpaying her 2022 state taxes. On her 2022 state tax return that she filed in April 2023, she applied the overpayment toward her 2023 state tax liability. She estimated that her state tax liability for 2023 will be $2,330. e. Shauna paid $3,230 of property taxes on her personal residence, She also paid $512 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision. f. Shauna paid a \$212 property tax based on the state's estimate of the valuh f her car. 9. Shauna has a home mortgage loan in the amount of $226,000 that she secured when she purchased her home. The home is worth about $406,000. Shauna paid interest of $12,420 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporation to the Red Cros5. On the date of the contribution, the fair market value of the donated shares was $1,120 and her basis in the shares was $448. Shauna originally bought the ZY Corporation stock in 2009 . Shauna also contributed $312 cash to Form 1040 Page 1. d. In 2023, Shauna was due a refund of $262 for overpaying her 2022 state taxes, On her 2022 state tax return that she filed in April 2023, she applied the overpayment toward her 2023 state tax liability. She estimated that her state tax liablity for 2023 will be $2,330. e. Shauna pald $3,230 of property taxes on her personal residence, She also paid $512 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision. f. Shauna paid a $212 property tax based on the state's estimate of the value of her car. 9. Shauna has a home mortgage loan in the amount of $226,000 that she secured when she purchasd her home, The home is worth about $406,000. Shauna paid interest of $12,420 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporation to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,120 and her basis in the shares was $448. Shauna originally bought the ZYX Corporation stock in 2009 . Shauna also contributed $312 cash to State University and religious artifacts she has, held for several years to her church. The artifacts were valued at $512 and Shauna's basis in the items was $312. Shauna had every reason to believe the church would keep them on display indefinitely. Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,230 of services to her church last year. 1. Shauna pald $262 in investment advisory fees and another $162 to have her tax return prepared (that is, she paid $162 in 2023 to have her 2022 tax return prepared). J. Shauna is involved in horse racing as a hobby. During the year, she won $2,530 in prize money and incurred $11,200 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k. Shauna sustained $2,030 in gambling losses over the year (mostly horse { acing bets) and had only $212 in winnings. Arach farm Whate. Ain What and 1690-h if tar was withhels standant Deduclion for - bargle of Marfist fin. - Marlied fing bioldy pe Burving ingul tis 000 + rlyod of noulehold, $19.400 "If you checher Dediction. tee intructions For Oiseleners: Fuposf OTHER THAN EDUCAIIONAL. 02023 MeCraw Mill Cdutabon. (1) Required information e Points not reported to you on Form 1098. See instructons for spocial niles d Reserved for future use E Add lines Ba frrough Bo 9 Investment interest Attach form 4952 if pequired. See instructions 10 Add lines te and 9 Gifts to 11 CAs by cash or check. If you made any git of $250 or more, see instructions Charity 12 Other than by cash or check. If you made any git of $250 or mote, see instructions. Yoo must attach Form 8283 if over $500 Caution: if you made ght and got a beneft 13 Camyover from prior year 14 Add lines 11 through 13 \begin{tabular}{|l|l|} \hline sc & \\ \hline Bd & \end{tabular} for a, see instructions. 15 Casualty and theft ioss(es) from a federaly declared disaster (other than net qualifiod disaster losses). Casualty and Theft Losses Attach Form 4684 and entor the amount from line 18 of that form. See instructions 16 Other-from list in instructions. List type and amount Other se Itemized Deductions Total 17 Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or Itemized Deductions 18 if you elect to itemize deductions even though they are less than your standard deduction, check this box. For Paperwork Reduetion Aet Notice, see the instructions for Form 1040. Cat. No, 17145C Schenle A (Form THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM, IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL O 2023 McGraw. Hill Education. 1040 PO 1 a-2. Complete page 1 of Form 1040 (through taxable income, line 15) and Schedule A assuming her AGI is $113,000. (Round your intermediate computations to the nearest whole dollar amount. Input all the values as positive numbers, Enter any non-financial information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Use 2023 tax rules regardless of year on form.) Shauna does not wish to contribute to the Presidential Election Campaign fund or did not have any virtual currency transactlons or interests. Shauna's address is 19010 N.W. 135th Street, Miami, FL 33054. Soclat security numbers: Shauna Coleman: 111-11-1111 Form 1040 for Single with no dependents

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