When filing a tax return you usually choose the greater of your standard deduction or your itemized deduction amounts. For the most part California conforms to federal law but there are still differences between them. When California conforms to federal it is usually to a certain extent. California does not always conforms with federal totally.

Tax School Homepage

Student Instructions:

Print this page, work on the questions and then submit test by mailing the answer sheet or by completing quiz online.

Instructions to submit quiz online successfully: Step-by-Step check list

Answer Sheet            Quiz Online

Most forms are in Adobe Acrobat PDF format. You will need Adobe Reader to view and print these forms. If you do not already have Adobe Reader installed on your computer, you may download the software for free.

 

Jonathan did not itemize last year.

Use W2's that are included; all information is current.

Complete  a tax return for Marcela Gonzalez (Age 24).

Marcela did not itemize in 2012.

Marcela paid her mortgage interest for her home to an individual (not to a bank):

Melvin R. Smitt
250 E Main Street
San Diego, CA 92123
Social Security Number: 556-57-6811

On August 30, 2013, a fire storm caused extensive property damage to Marcela's home. She had originally purchased the home for $94,000. The purchase price was allocated between the land ($18,000) and the building ($76,000). Marcela planted trees and ornamental shrubs on the grounds surrounding her home at a cost of $1,200. The fair market value immediately before the storm was $102,000 ($84,000 for building and $18,000 land); immediately afterwards the value was $74,000 ($56,000 for building and $18,000 for the land). The fair market value of the trees and shrubs immediately before the casualty was $2,000 and immediately afterwards; $100. Insurance of $15,000 is received to cover the total damage.

Get all basic information from the following W2, including income information.

Mario Price (699-03-6021) and Nancy Price (554-09-3000) are filing a joint return for 2013.

 They will claim Mario's parents on their tax return.    

    Paul Price (SSN 580-16-6733).

    Lucy Price (SSN 580-16-7683) .

Mario and Nancy had the following items for the 2013 tax year:

November 15, 2013, the Price donated the following items to Goodwill (1530 San Isidro Blvd, San Isidro, CA):

Additionally, they had the following in 2013:

Their itemized deductions on Schedule A (Form 1040) for 2010:

1. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 12?

A. $ 143,621.
B. $ 167,713.
C. $ 11,043. 
D. None of the above.

2. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 13?

A. $ 143,621.
B. $ 167,713.
C. $29,385. 
D. $ 73.

3. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 18?

A. $24,092.
B. $29,385.
C. $11,200. 
D. $24,172.

4. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 31?

A. $31,313.
B. $11,005
C. $2,114.62 
D. None of the above.

5. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 61?

A. $8,749.
B. $11,005
C. $0 
D. $10,511.

6. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 74?

A. $419.
B. $11,005
C. $2,114.62 
D. $0.

7. Look at the Form 540 you prepared for Jonathan Mirchy. What is the amount on Form 540, Line 111?

A. $6,912.
B. $7,331.
C. $2,114.62 
D. $0.

8. Look at the Form 540 you prepared for Marcela Gonzalez. What is the amount on Form 540, Line 18?

A. $15,402.
B. $12,443.
C. $12,114
D. $23,990.

9. Look at the Form 540 you prepared for Marcela Gonzalez. What is the amount on Form 540, Line 31?

A. $189.
B. $15.
C. $216
D. $0.

10. Look at the Form 540 you prepared for Marcela Gonzalez. What is the amount on Form 540, Line 74?

A. $100.
B. $216
C. $0.
D. None of the above.

11. Look at the Form 540 you prepared for Marcela Gonzalez. What is the amount on Form 540, Line 115?

A. $2,566.
B. $2,466.
C. $2,553.
D. $0.

12. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 12?

A. $195,000.
B. $197,888.
C. $195,900.
D. $0.

13. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 17?

A. $195,000.
B. $197,888.
C. $195,900.
D. $0.

14. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 18?

A. $26,700.
B. $47,980.
C. $21,280.
D. $0.

15. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 19?

A. $171,188.
B. $147,920.
C. $169,200.
D. $0.

16. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 31?

A. $11,031.
B. $14,920.
C. $16,200.
D. $0.

17. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 48?

A. $11,031.
B. $10,197.
C. $16,200.
D. $0.

18. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 61?

A. $11,031.
B. $10,197.
C. $16,200.
D. $0.

19. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 74?

A. $11,031.
B. $10,197.
C. $380.
D. $0.

20. Look at the Form 540 you prepared for Mario and Nancy. What is the amount on Form 540, Line 115?

A. $8,343.
B. $10,197.
C. $8,363.
D. $0.

Please Note:  If you filled out the answers directly on this page, please print this page or write down the answers before you proceed to submit them by clicking on "Assignment" in step 2 above.