Advantage of the presidential election campaign


Problem: John R. Lane (SSN 123-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 100% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check-off. John is an accountant. Other relevant information includes

Salary $20,000
Taxable pension 31,000
Interest income 300
IRA deduction 3,000
Itemized deductions (from Schedule A) 6,000
Withholding 7,000

Assume that Schedule A, if necessary, has already been completed. Complete Form 1040.

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Finance Basics: Advantage of the presidential election campaign
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