Reference no: EM13540569
At the beginning of 2013, Donna Harp was employed as a cinematographer by Farah Movie, Inc., a motion picture company in Los Angeles, California.
In June, she accepted a new job with Ocala Production in Orlando, Florida. Donna is single and her Social Security number is 000-00-1111. She sold her house in California on August 10 for $500,000. She paid a $14,000 sales commission. The house was acquired on March 23, 1987, for $140,000. The cost of transporting her household goods and personal effects from California to Orlando amounted to $2,350. To travel from California to Florida, she paid travel and lodging costs of $370 and $100 for meals. On July 15, she purchased a house for $270,000 on 1225 Minnie Lane in Orlando. To purchase the house, she incurred a 20-year mortgage for $170,000.
To obtain the loan, she paid points of $3,400. The $3,600 of property taxes for the house in Orlando were prorated with $1,950 being apportioned to the seller and $1,650 being apportioned to the buyer.
In December of the current year she paid $3,600 for property taxes.
Other information related to her return:Salary from Farah Movie, Inc. $30,000
Salary from Ocala Production, Inc. 70,000
Federal income taxes withheld by Farah 6,000
Federal income taxes withheld by Ocala 22,000
FICA taxes withheld by Farah 2,295
FICA taxes withheld by Ocala 5,355
Interest income from Sun National Bank 1,800
Dividend income 10,000
Interest paid for mortgage: Home in California 6,780
Home in Orlando 3,800
Property taxes paid in California 4,100
Sales taxes paid in California and Florida 3,125
State income taxes paid in California 2,900
Prepare Form 1040 including Schedules A, B, and D and Form 3903.
|
How much time passed on earth-how much time elapsed on ship
: A starship that was traveling at 0.7 c just returned from a 4-year voyage. If the time means 4.0 years of earth time, how much time elapsed on the ship? If the time means 4.0 years of ship time, how much time passed on earth?
|
|
Justin stone was an employee of datacare services
: Justin Stone was an employee of DataCare Services
|
|
How long is this tube in the electrons reference frame
: Find the speed of an electron whose mass is 11,000 times its rest mass. If the electrons travel in the lab through a tube 3.2 km long, how long is this tube in the electron's reference frame?
|
|
Find the speed of the cars immediately after the collision
: Two cars of the same mass collide at an intersection. Just before the collision one car is traveling east at 40.0 km/h and the other car is traveling south at 70.0 km/h. what is the speed of the cars immediately after the collision
|
|
Taxation problem - obtain the loan
: Prepare Form 1040 including Schedules A, B, and D and Form 3903 - To obtain the loan, she paid points of $3,400.
|
|
What is the carrying amount of the bond
: What is the carrying amount of the bond on Jan 1, 2014 balance sheet?
|
|
Evaluate the angles of refraction
: The drawing illustrates the dispersion of light by a prism. The prism is made from a certain type of glass, Find the angles of refraction at which the violet rays emerge into the air from the prism
|
|
Evaluate the change in the kinetic energy of the system
: A car with a mass of 2400 kg is traveling at a speed of 40.0 km/h on an icy road when it collides with a 10000 kg truck which was traveling toward the car with the speed of 18 km/h. Find the change in the kinetic energy of the system
|
|
Explain the carbon-halogen bond dissociation energy
: Identify each of the following statements as describing a chlorination reaction or a bromination reaction - The carbon-halogen bond dissociation energy is higher
|