57. Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2018, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous. Janice is a cash basis taxpayer. She lives at 132 Stone Avenue, Pleasant Hill, NM 88135. Her Social Security number is 123-45-6789. Janice's parents continue to provide health insurance for her under their policy. Janice wants to contribute to the Presidential Election Campaign Fund. During 2018, Janice reported the following income and expense items connected with her business. Income from sale of articles Rent Utilities Supplies Insurance Travel (including meals of $1,200) $85,000 16,500 7,900 1,800 5,000 3,500 Janice purchased and placed in service the following fixed assets for her business. Janice wants to elect immediate expensing under $ 179, if possible. Furniture and fixtures (new) costing $21,000 on January 10. Computer equipment (new) costing $12,400 on Tuly 28. Janice's itemized deductions include: State income tax Home mortgage interest paid to First National Bank Property taxes on home Charitable contribution to her alma mater, State College $2,950 6,000 2,500 1,200 Janice did not keep a record of the sales tax she paid. The amount from the sales tax table is $437. Janice reports interest income of $4,000 on certificates of deposit at Second National Bank. Janice makes estimated tax payments of $3,000 for 2018. The following information should be helpful in your preparation of the tax return. (1) Requirement: Prepare the federal income tax return on the appropriate IRS forms. (Even if you use a software program, you must turn in manual entries on IRS forms.) Copies of those forms and instructions are available at www.irs.gov (a) (b) Additional Requirements: Prepare a brief top sheet summarizing the factual information in the format of the tax formula. (3) Check figures: 20,263 6,090 Adjusted gross income ltemized deductions 12,650 (4) (5) (6) Taxable income Check forms: (please include in your return): c. Forms: 1040 pages 1 and 2; Schedules 1, 4, 5, A, B, C, SE; Form 4562 Additional helpful information: a. Please use the sequence numbers in the upper right-hand corner of the official IRS forms for the proper order b Do not calculate next year's estimates or any late filing penalty or interest