Jeffery norville is a single taxpayer

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Reference no: EM13688933

Jeffery Norville is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. His W-2 for 2014 shows gross wages of $92,600 with $5,741 of social security and $1,343 of Medicare taxes withheld. He has $17,347 of federal withholding and $2,595 in state withholding. Jeffery does not itemize. He had the following stock transactions for the year:

Stock Shares

Date Purchased

Date Sold

Sale Price

Cost Basis

5,500

7/8/13

9/12/14

$15,000

$18,000

800

3/12/14

10/21/14

43,000

47,000

2,800

2/13/07

10/21/14

30,000

22,000

He also has interest from a savings account with Local Neighborhood Bank of $250 and a dividend from a Form 1099-DIV of $1,600 in ordinary dividends, of which $1,350 are considered qualified dividends.

Prepare and submit a 2014 Form 1040 for Jeffery. Assume that each box 3 of the 1

Reference no: EM13688933

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