Appendix E Solution
Problem 1 – David R. and Sheri N. Johnson – Individuals (Form 1040)
E-1
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-2
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-3
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-4
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-5
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-6
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-7
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-8
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-9
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible
E-1
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-2
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-3
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-4
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-5
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-6
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-7
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
E-8
SWFT 2014: Comprehensive Volume/Solutions to Appendix E
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
David R. and Sheri N. Johnson—Individual Income Tax Return
E-9
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible
References: $11,808 However, as the second year recovery limitation (for a vehicle placed in service in 2011) is $4,900,