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Albert Gaytor and his wife Allison are married and file a joint return for 2019. The Gaytors live at 12340 Cocoshell Road, Coral Gables,
Albert Gaytor and his wife Allison are married and file a joint return for 2019. The Gaytors live at 12340 Cocoshell Road, Coral Gables, FL 33134. Captain Gaytor is a charter fishing boat captain but took 6 months off from his job in 2019 to train and study for his Masters Captain's License. In 2019, Albert received a Form W-2 from his employer, Coconut Grove Fishing Charters, Inc.: a Employee's social security number 266-51-1966 Safe, accurate, Visit the RS website at NsP file www.s.goviefle OMB No. 1545-0008 FASTI Use b Employer identification number (EIN) 60-3456789 a Employer's name, address, and ZIP code 1 Wages, tips, other compensation 67,023.67 3 Social security wages 67,023.67 2 Federal income tax wthheld 5,634.12 4 Social security tax withheld 4,155.47 6 Medicare tax withheld Coconut Grove Fishing Charters 2432 Bay Blvd. Coconut Grove, FL 33133 5 Medicare wages and tips 67,023.67 7 Social security tips 971.84 8 Allocated tips d Control number 10 Dependent care benetits Employee's first name and initial Suff. 11 Nonqualfied plans Last name 12a See instructions for box 12 Albert T. Gaytor 12340 Cocoshell Road 13 S y employee Thinl-party sk p 12b pan Coral Gables, FL 33134 14 Other 12c 12d f Employee's addross and ZIP code 15 State Employer's state ID number 16. State wages, tips, eta. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 20 Localny rame Albert T. Gaytor 266-51-1966 09/22/1970 Allison A. Gaytor 266-34-1967 07/01/1971 Crocker Gaytor 261-55-1212 12/21/2002 Cayman Slacker 261-11-4444 03/13/2001 Sean Slacker 344-23-5656 05/01/2000 The Gaytors have a 17-year-old son, Crocker, who is a full-time freshman at Brickell State University. The Gaytors also have an 18-year-old daughter, Cayman, who is a part-time student at Dade County Community College (DCCC). Cayman is married to Sean Slacker, who is 19 years old and a part-time student at DCCC. Sean and Cayman have a 1-year-old child, Wanda Slacker (Social Security number 648-99-4306). Sean, Cayman, and Wanda all live in an apartment up the street from Albert and Allison during the entire current calendar year. Sean and Cayman both work for Sean's wealthy grandfather as apprentices in his business. Their wages for the year were a combined $50,000, which allowed them to pay all the personal expenses for themselves and their daughter. Albert and Allison have a savings account and received the following Form 1099-INT for 2019: CORRECTED (if checked) PAYER'S name, street address, city or toown, state or province, country. ZIP Payer's RTN (optional) or foreign postal code, and telephone no. OMB No. 1545-0112 Interest 2019 Vizcaya National Bank 9871 Coral Way Miami, FL 33134 Income 1 interest income $ 337.54 2 Earty withdrawal penalty Form 1099-INT Copy B PAYER'S TIN RECIPIENT'S TIN 24 For Recipient 60-7654321 266-51-1966 3 Interest on U.S. Savings Bonds and Treas, obligations %24 4 Federal income tax withheld 5 Investment expenses 24 6 Foreign tax paid 24 RECIPIENT'S name This is important tax information and is 24 7 Foreign country or US. possession Albert T Gaytor being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. Street address (ncluding apt. no.) 12340 CocoshelI Road 8 Tax-exempt interest 9 Specifed private activity bond interest City or town, state or province, country, and ZIP or foreign postal code 2$ 10 Market discount 11 Bond premium Coral Gables, FL 33134 FATCA fing $ requrement 12 Bond premium on Teasury obligations 13 Bond premium on tax euempt bond $ $ 14 Tax-exempt and tax credit bond CUSIP no. $ 15 State 16 Sate identifcation no. 17 State tax withheld Account number (see instructions) $ 337.54 2 Earty withdrawal penalty Form 1099-INT Miami, FL 33134 Copy B PAYER'S TIN 2$ 3 Interest on U.S. Savings Bonds and Treas, obligations RECIPIENT'S TIN For Recipient 60-7654321 266-51-1966 2$ 4 Federal income tax withheld 5 Investment expenses This is important tax information and is RECIPIENT'S name Albert T Gaytor being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. 6 Foreign tax paid 7 Foreign country or U.S. posession 24 8 Tax-exempt interest Street address (nckuding apt. no.) 12340 Cocoshell Road 9 Specifed private activity bond interest 2$ 10 Market discount City or town, state or province, country, and ZIP or foreign postal code Coral Gables, FL 33134 11 Bond premium FATCA filing $ requrement 12 Bond premium on Treanury obigations 13 8ond premium on tas eempt bond %24 14 Tax-txempt and tax credit bond CUSIP no. 15 Sute 16 Slate identifcation no 17 State tax withheid Account number (see instructions) Form 1099-INT (keep for your records) www.irs.gov/Form1000INT Department of the Treasury - Internal Revenue Service Required: Use a computer software package such as Intuit ProConnect to complete Form 1040 for Albert and Allison Gaytor for 2019. Be sure to save your data input files since this case will be expanded with more tax information in later chapters. Make assumptions regarding any information not given.
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