ACO 3TO1 SPRING 2014 TAX RETURN PROJECT Dave Stevens age 34 is a self employed physical therapist His wife Sarah age 1 teache English as a Second Language at a local language school Dave's Social Security number is ill 1 1 - 11 . Sarah's Social Security number is 127 -27 - 1227 Sarah and Dave have three children Andrew are S Isaac age Of and Mira age 3 . The children's Social Security numbers are respectively . 213 - 13 - 3739 414 14 9414 and 359 -35-5953 . They live at 1267- Pheasant Fan West Bend Oregon 74658 They paid 59 509 in qualified residence interest and S. 460 in property taxes on their home They had cash charitable contributions of 51 4 090 They also paid $180 to a CPA for preparing their federal and state income tax returns for the prior year SIDE of which wa s for the preparation of Dave's Schedule C Sarah and Dave earned interest on CD = of S3 209 Sarah's salary for the year is $2 090 from Which 59 690 in federal income tax and $1 400 in state income tax were withheld Dave's office is located at Suite 402 947 1 codyten Drive Portland Oregon 4924 and his employer ID cumber is IT - Dave has been practicing for four years and he uses the cash method of accounting During the Current year Dave recorded the following items of income Revenue from patient visits 5300 090 Interest earned on the office checking balance The following expenses were recorded on the office books Property taxes on the office 54 500 Mortgage interest on the office 12000 Depreciation on the office 4 30 0 Malpractice insurance 37 00 Lilities 3 750