In: Accounting
Could you please prepare tax return form 1040 and other schedules and forms for this problem and upload pictures
Jorge Gomez is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. He is a supervisor and his W2 for 2017 shows gross wages of $94,850 with $5,881 of social security and $1,375 of Medicare taxes withheld. He has $17,147 of federal withholding and $2,595 in state withholding. Jorge does not itemize. He had the following stock transactions for the year:
| 
 Stock Shares  | 
 Date Purchased  | 
 Date Sold  | 
 Sale Price  | 
 Cost Basis  | 
|||||||
| 
 5,500  | 
 7/8/16  | 
 9/21/17  | 
 $  | 
 15,000  | 
 $  | 
 18,000  | 
|||||
| 
 800  | 
 3/12/17  | 
 10/21/17  | 
 43,000  | 
 47,000  | 
|||||||
| 
 2,800  | 
 2/13/10  | 
 10/21/17  | 
 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 a 2017 Form 1040 for Jorge and all related schedules and
forms. Jorge had qualifying health care coverage at all times
during the tax year.
Use the appropriate Tax Tables.