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Carol Harris Ph.D CPA is a single taxpayer and she lives at 674 Yankee Street Durham NC 27409 Her Social Security number is 793-52-4335 Carol is an Associate Professor of Accounting at a local

Carol Harris, Ph.D, CPA, is a single taxpayer and she lives at 674 Yankee Street, Durham, NC 27409. Her Social Security number is 793-52-4335. Carol is an Associate Professor of Accounting at a local college. Carol’s earnings and withholding from the college for 2010 are:

FICA tax of $3,348 and Medicare tax of $783 were also withheld from Carol’s earnings. Carol’s other income includes interest of $145 from a savings account at New England Bank and $450 of qualified dividends from Microsoft. During the year, Carol paid the following amounts (all of which can be substantiated):

Carol had the following stock market transactions:

In addition to being a professor at the local college, Carol maintains a CPA practice. Income and expenses from this activity are:

Carol drove her car 20,000 miles in total, of which 5,000 miles were for commuting. Carol made 2010 estimated tax payments to the U.S. Treasury of $3,000 for each quarter.

May 18 2020 View more View Less

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