Prepare the tax return for bryan connel

Assignment Help Taxation
Reference no: EM131037039

Use the information to prepare the tax return for Bryan Connel.

Use Form 1040, schedule B, Form 3903, and Form 8863. this problem is suitable for manual preparation or computer software application.

Bryan Connel (SSN 573-99-5878) works as a manager for an oil company. In october 2014, he was relocated by his employer from Houston, Texas to Wichita Falls, Kansas. His moving costs include $ 230 for an airline ticket and $ 5,300 that he paid to a local moving company.

His employer reimbursed him $ 3,000 for moving. This amount was not included in his W-2 wages. His taxable wages for 2014 were $ 132,900, from which his employer withheld $ 9,450 and $1,900, respectively for federal and state income taxes. During 2014, Bryan paid $ 6,000 for tuition for his dependent daughter, April ( SSN 549-43-5584) Connel. April (age 20) attends the University of Houston full-time. She entered her sophomore year during 2014. April lives with Bryan when she is not in school.

The University of Houston is located at 4800 Calhoun Road, Houston, Texas 77004. Bryan is divorced. During 2014, he paid alimony totaling $ 50,000 to his ex-wife, Anne Connel (SSN 558-99-5377). His only other income includes $ 4,250 of interest from a Texas Commerce Bank certificate of deposit and $ 1,840 of interest from State of Ohio government bonds.

He does not have an interest in any foreign accounts or trusts. Bryan lives at 1143 W. Adam Ave., Wichita Falls, KS 76300. Bryan uses the standard deduction, is is under age 65, and has good eyesight. He signs and dates his return on April 10, 2015.

Reference no: EM131037039

Questions Cloud

What is the most challenging aspect of finance manager : What is the most challenging aspect of finance manager? What are the biggest stressors in your work life? How do you deal with them? Does the organization provide any form of assistance?
Website to order replacement parts : I'm trying to get my wifes Louie Vutton purse fixed .The strap are broke .I went to a shoe repair vendor and he suggested to order it form LV and he can sew it on purse.I cant find a website to order replacement parts from.Can anybody help?
Website to order replacement parts : I'm trying to get my wifes Louie Vutton purse fixed .The strap are broke .I went to a shoe repair vendor and he suggested to order it form LV and he can sew it on purse.I cant find a website to order replacement parts from.Can anybody help?
High degree of task interdependence : The tasks that your group is confronted with are exceedingly complex requiring people to have specialized training for different aspects of the tasks and you have a high degree of task interdependence.
Prepare the tax return for bryan connel : Use the information to prepare the tax return for Bryan Connel - problem is suitable for manual preparation or computer software application.
Question is for a grammar expert : ;therefore, it is critical that services provided by the Learning Management System (LMS Recovery Plan (LMS) are able to operateLMS is the acronym for Learning Management System but also in the context of my business paper LMS refers to the LMS Rec..
High degree of task interdependence : The tasks that your group is confronted with are exceedingly complex requiring people to have specialized training for different aspects of the tasks and you have a high degree of task interdependence.
Determine the force r which the elevator floor exerts : Determine the force R which the elevator floor exerts on her feet and the lifting force L which she exerts on the package during the acceleration interval. If the elevator support cables suddenly and completely fail, what values would R and L acqu..
Proofread and well-articulated posting : Yet, culminate your short summary of one specific learning experience that will remain with you in the future. (Five-point maximum participation points for a proofread and well-articulated posting.)

Reviews

Write a Review

Taxation Questions & Answers

  Taxable income

Determine taxable income before considering expense.

  Prepare a tax research memo

Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.

  Income by ordinary concepts

Explain what is meant by income by ordinary concepts

  Identify the tax issues

Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.

  Calculate carolines taxable income

Calculate Carolines taxable income

  Taxation – law and practice

Show the tax issues that are raised and the relevant sections of the legislation.

  Payment to the taxpayer

Brief statement in your own words of the facts of the cases.

  Prepare regular corporation tax return

Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise

  Taxation law

Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.

  A tax on cigarettes is a good way of raising tax revenue

Discuss- A tax on cigarettes is a good way of raising tax revenue for the government

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Calculate barbs taxable income

Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd