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INDIVIDUAL TAX RETURN PROBLEM 3 Required: • Use the following information to complete Rhonda Hill's 2018 federal income tax return. If any information is missing, use reasonable assumptions to fill in the gaps. • The forms, schedules, and instructions can be found at the IRS website ( www.irs.gov). The instructions can be helpful in completing the forms. Facts: 1. Rhonda Hill (unmarried) is employed as an office manager at the main office of Carter and Associates CPA firm. Rhonda lives in a home she purchased 20 years ago. Rhonda's older cousin Mabel Wright lives with Rhonda in the home. Mabel is retired and receives $2,400 of Social Security payments each year. Mabel is able to save this money because Rhonda provides all of Mabel's support. Rhonda also provided the following information: • Rhonda does not want to contribute to the presidential election campaign. • Rhonda lives at 1234 Blue Ridge Way, Tulsa, Oklahoma 74101. • Rhonda's birthday is 12/18/1954 and her Social Security number is 335-67-8910. • Mabel's birthday is 11/2/1945 and her Social Security number is 566-77-8899. • Rhonda does not have any foreign bank accounts or trusts. • Rhonda has qualifying insurance for purposes of the Affordable Care Act (ACA). 2. Rhonda received a Form W-2 from Carter and Associates (her employer) that contained the following information: • Line 1 Wages, tips, other compensation • Line 2 Federal income tax withheld • Line 3 Social Security wages • Line 4 Social Security tax withheld • Line 5 Medicare wages and tips • Line 6 Medicare tax withheld • Line 16 State wages, tips, etc. • Line 17 State income tax • Carter and Associates address is 1234 CPA Way Tulsa, Oklahoma 74101; its FEIN is 91-0001002; and its State ID number is 123456678 $72,000 9,300 72,000 4,464 72,000 1,044 72,000 2,700

INDIVIDUAL TAX RETURN PROBLEM 3
Required:
• Use the following information to complete Rhonda Hill's 2018 federal income tax return. If any information is missing, use reasonable
assumptions to fill in the gaps.
• The forms, schedules, and instructions can be found at the IRS website ( www.irs.gov). The instructions can be helpful in completing
the forms.
Facts:
1. Rhonda Hill (unmarried) is employed as an office manager at the main office of Carter and Associates CPA firm. Rhonda lives in a home
she purchased 20 years ago. Rhonda's older cousin Mabel Wright lives with Rhonda in the home. Mabel is retired and receives $2,400 of
Social Security payments each year. Mabel is able to save this money because Rhonda provides all of Mabel's support. Rhonda also
provided the following information:
• Rhonda does not want to contribute to the presidential election campaign.
• Rhonda lives at 1234 Blue Ridge Way, Tulsa, Oklahoma 74101.
• Rhonda's birthday is 12/18/1954 and her Social Security number is 335-67-8910.
• Mabel's birthday is 11/2/1945 and her Social Security number is 566-77-8899.
• Rhonda does not have any foreign bank accounts or trusts.
• Rhonda has qualifying insurance for purposes of the Affordable Care Act (ACA).
2. Rhonda received a Form W-2 from Carter and Associates (her employer) that contained the following information:
• Line 1 Wages, tips, other compensation
• Line 2 Federal income tax withheld
• Line 3 Social Security wages
• Line 4 Social Security tax withheld
• Line 5 Medicare wages and tips
• Line 6 Medicare tax withheld
• Line 16 State wages, tips, etc.
• Line 17 State income tax
• Carter and Associates address is 1234 CPA Way Tulsa, Oklahoma 74101; its FEIN is
91-0001002; and its State ID number is 123456678
$72,000
9,300
72,000
4,464
72,000
1,044
72,000
2,700

Added by Julian R.

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