4. Tax retum: a. Complete form 1040 and any necessary schedules for 2020, using the information below for Briana and Brad, who are MF), with 3 minor dependent children for whom they provide 100% support 280,000 205,000 MF) with 3 minor dependent children Spouse 1 salary Spouse 2 salary Social security taxes appropriately taken out: 6.2% up to 137,700 Medicare taxes appropriately taken out: 1.45% on all income No potential Additional Medicare Tax was witheld from either spouse Interest income on corporate bonds Interest income on tax free municipal bonds Qualified dividend income Non-Qualified dividend income IRA Contribution (payment) Proceeds from stock sold that was purchased 4 years ago Cost of that stock 4 years ago Medical expenses Home mortgage interest State income taxes withheld spouse 1 State income taxes withheld spouse 2 Local property taxes Charitable contributions Tax preparation fees Unreimbursed job expenses Federal taxes withheld spouse 1 Federal taxes withheld spouse 2 2,400 3,800 17,000 6,000 4,500 168,000 50,000 6,700 23,000 10,000 9,800 21,000 1,300 3,900 4,800 85,000 55,000 4. Tax retum: a. Complete form 1040 and any necessary schedules for 2020, using the information below for Briana and Brad, who are MF), with 3 minor dependent children for whom they provide 100% support 280,000 205,000 MF) with 3 minor dependent children Spouse 1 salary Spouse 2 salary Social security taxes appropriately taken out: 6.2% up to 137,700 Medicare taxes appropriately taken out: 1.45% on all income No potential Additional Medicare Tax was witheld from either spouse Interest income on corporate bonds Interest income on tax free municipal bonds Qualified dividend income Non-Qualified dividend income IRA Contribution (payment) Proceeds from stock sold that was purchased 4 years ago Cost of that stock 4 years ago Medical expenses Home mortgage interest State income taxes withheld spouse 1 State income taxes withheld spouse 2 Local property taxes Charitable contributions Tax preparation fees Unreimbursed job expenses Federal taxes withheld spouse 1 Federal taxes withheld spouse 2 2,400 3,800 17,000 6,000 4,500 168,000 50,000 6,700 23,000 10,000 9,800 21,000 1,300 3,900 4,800 85,000 55,000