Problem 1DQ Problem 2DQ: Which of the following items are inclusions in gross income? a. During the year, stock that the... Problem 3DQ: Which of the following items are exclusions from gross income? a. Alimony payments received (relates... Problem 4DQ Problem 5DQ: In choosing between taking the standard deduction and itemizing deductions from AGI, what effect, if... Problem 6DQ Problem 7DQ Problem 8DQ Problem 9DQ: Caden and Lily are divorced on March 3, 2018. For financial reasons, however, Lily continues to live... Problem 10DQ Problem 11DQ Problem 12DQ Problem 13DQ Problem 14DQ Problem 15DQ Problem 16DQ Problem 17DQ Problem 18DQ Problem 19DQ: During the year, Brandi had the following transactions: a long-term capital gain from the sale of... Problem 20CE: Sam and Abby are dependents of their parents, and each has income of 2,100 for the year. Sams... Problem 21CE: Compute the 2019 standard deduction for the following taxpayers. a. Ellie is 15 and claimed as a... Problem 22CE: Paul and Sonja, who are married, had itemized deductions of 13,200 and 400, respectively, during... Problem 23CE: Compute the 2019 tax liability and the marginal and average tax rates for the following taxpayers... Problem 24CE: In 2019, Simon, age 12, has interest income of 4,900 and no earned income. He has no investment... Problem 25CE Problem 26CE: During the year, Tamara had capital transactions resulting in gains (losses) as follows: Determine... Problem 27P: Compute the taxable income for 2019 in each of the following independent situations: a. Drew and... Problem 28P: Compute the taxable income for 2019 for Emily on the basis of the following information. Her filing... Problem 29P: Compute the taxable income for 2019 for Aiden on the basis of the following information. Aiden is... Problem 30P Problem 31P: Analyze each of the characteristics in considering the indicated test for dependency as a qualifying... Problem 32P Problem 33P Problem 34P Problem 35P Problem 36P Problem 37P: Taylor, age 18, is claimed as a dependent by her parents. For 2019, she has the following income:... Problem 38P: LO.4, 9 Walter and Nancy provide 60% of the support of their daughter (age 18) and son-in-law (age... Problem 39P Problem 40P: LO.1, 2, 3, 4, 5, 6 Morgan (age 45) is single and provides more than 50% of the support of Tammy (a... Problem 41P Problem 42P: LO.5, 6, 9 Roy and Brandi are engaged and plan to get married. During 2019, Roy is a full-time... Problem 43P: In each of the following independent situations, determine Winstons filing status for 2019. Winston... Problem 44P Problem 45P: Nadia died in 2018 and is survived by her husband, Jerold (age 44); her married son, Travis (age... Problem 46P: Paige, age 17, is a dependent of her parents. During 2019, Paige earned 3,900 pet sitting and 4,200... Problem 47P Problem 48P: LO.8 During 2019, Inez (a single taxpayer) had the following transactions involving capital assets:... Problem 49P: During 2019, Inez (a single taxpayer) had the following transactions involving capital assets: a. If... Problem 50P Problem 51CP: Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works... Problem 52CP Problem 1RP: Kathy and Brett Ouray married in 2001. They began to experience marital difficulties in 2015 and, in... Problem 2RP Problem 5RP Problem 1CPA Problem 2CPA: Jane is 20 years old and is a sophomore at Lake University. She is a full-time student and does not... Problem 3CPA Problem 4CPA: Jeff and Rhonda are married and have two children, Max and Jen. Max is 20, attends college in the... Problem 5CPA Problem 6CPA: Bill and Anne Chambers are married and file a joint return. They have no children. Their college... Problem 7CPA Problem 8CPA: Heather is single and has one son, Rhett, who is 19 years old. Rhett lived at home for four months... Problem 10CPA Problem 11CPA format_list_bulleted