tax class

Discussion in 'Accounting Software' started by Girlfried, Feb 4, 2006.

  1. Girlfried

    Girlfried Guest

    This is for an accounting class, i have to fill a couples taxes. They
    are using married and filing a joint return. there are two parts of
    this that i cannot figure out what line they would be on the 1040 form.

    Okay
    1. In June of 2005, Mary's father died. Under a life insurance policy
    owned and paid for by her father. Mary was paid death benefits of
    75,000.
    2. The key lime pie company provided carl with a company car to drive
    while he is working. The company spent 6,475 to maintain this vehicle
    during 2005. Carl never uses the car for personal purposes.
    I would really appricate someone's help. This taxes are very confusing
    to me. I am just starting these classes and i am trying to get used to
    every thing. Thanks for the help.


    Reply
     
    Girlfried, Feb 4, 2006
    #1
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