(Answered) Lynn and laurie are married and have two children josh 15

Accounting

Lynn and Laurie are married and have two children, Josh (15 years old) and Julie (19 years old). Laurie works for Fox Corporation as a drilling superintendent. Lynn runs an internet business, Handy Hints, from their home that provides handyman advice.

During 2014, they received the following interest and dividends:

Second Bank saving account interest $200

Marble School district bonds 180

Saber Corporation bonds 1,900

Hi-Flow Corporation dividends (qualifying) 450

In addition, they sold the following investments during the year:

Security	Sale Date	Purchase Date	Sales Price	Commission Paid	Basis
Doonbeg Inc.	03/19/14	04/12/13	$8,000	$40	$8,980
Troon Corporation	06/12/14	09/10/11	$11,000	$250	$7,850
Augusta Motors	10/10/14	04/11/12	$6,000	$50	$6,870

The Form 1099 Lynn and Laurie received from their broker indicated total sales of $24,660 (i.e., sales were reported net of commissions).

Required: Based on the information provided above, only fill out appropriate portion of From 1040, From 1040 Schedule B, and From 1040 Schedule D.

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