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• Michael Peppin is 49 years old (born December 10, 1972) and a high school art teacher and also operates a small side painting business. His Social Security Number is 555-58-8989
• His spouse, Tammy Peppin is 40 years old (born on February 15, 1981) and stays home taking care of their youngest child. Tammys social security number is 123-56-8899.
  • Their youngest child is David Peppin, who is 4 years old (born on July 10, 2017). His Social Security number is 111-25-8656.
• They also have an older child, Susan Peppin, who is 18 years old is a freshman at American River college. She was born August 15, 2003 and her social security number is 455-89-7475.
  • While attending ARC, Susan did not have any tuition expenses since she qualified for the Los Rios Promise Program.
  • Susan also worked parttime and her 2021 W-2 showed wages of $4,721, and Federal Withholding of $288.
  • Susan lives at home with her parents.
• The Peppin family lives at the following address in Folsom:
  • 2523 East Bidwell Street, Folsom Ca 95630
• The Peppins did not have any crypto currency transactions and elected not to contribute to the Presidential election campaign.

Income and Potential Deduction Information

• Michaels 2021 W-2 from his teaching job, displays wages of $69,500, Federal tax Withholding $4,050 and California tax Withholding $ 3,690
• Michael received Form 1099 INT from National Bank showing $550 of interest income and a $55 Early Withdrawal Penalty
• Michael also received Form 1099 DIV showing Ordinary Dividends of $413 and Qualified Dividends of $413
• Michael received a Form 1098-E showing $450 on Student Loan Interest paid
• Michael received Form W-2G showing gambling winnings of $1,000
• Michael brings documentation for the following personal expenses:
  • $8,200 Hospital bills
  • $1,600 Dental bill for daughters braces
  • $452 Personal property taxes based on value of vehicle
  • $400 Friends personal GoFundMe campaign
  • $275 Cash contributions to the Red Cross
  • $2,025 Cash contributions to their church
  • $250 Fair market value of clothing in good condition donated to the Salvation Army (Michael had purchased the clothing for $800)
  • $6,575 Mortgage interest (Form 1098) on a $420,000 loan he took out on 5/23/2017
  • $6,820 Real estate tax paid to the County
  • $1,830 Mortgage Insurance Premiums (PMI) on the home he purchased in 2017
  • $2,450 Homeowners Insurance
  • $1050 Homeowners association fees
  • $2,000 Gambling losses
  • $275 in classroom supplies he purchased for use where he teaches.

Small Business Information

• Michael also owns a small painting business that he operates on the weekends and summers when he is not teaching. He provided the following information regarding the painting business:
  • He received Form 1099-K showing electronic processed payments received of $3,200
  • He mentioned that he also received a total of $4,500 from customers that paid in cash
  • He shows the following expenses for his business:
    • License/Fees $275
    • Business Insurance $315
    • Advertising $250
    • Paint Tools and Supplies $1,580
    • Paint $2,325
    • 2020 Tax Preparation Fees paid in 2021 $250