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Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In addition, the taxpayers did NOT
Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In addition, the taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year.
Jose and Maria Suarez are married and live at Main Street, Denver, CO Joses SSN is and Marias SSN is
For the first five months of the year, Jose was employed by Mountain Mortgage Company. The Form W from Mountain Mortgage contained information in the following boxes:
Wages box $
Federal WH box $
Social security wages box $
Social security WH box $
Medicare wages box $
Medicare WH box $
Jose was laid off from his job at Mountain Mortgage and was unemployed for three months. He received $ of unemployment insurance payments. The Form G Jose received from the state of Colorado contained $ of unemployment compensation in box and $ of federal income tax withholding in box
During the last four months of the year, Jose was employed by First Mountain Bank in Denver. The Form W Jose received from the bank contained information in the following boxes:
Wages box $
Federal WH box $
Social security wages box $
Social security WH box $
Medicare wages box $
Medicare WH box $
Maria was employed the entire year by Blue Sky Properties in Denver. The Form W Maria received from Blue Sky contained information in the following boxes:
Wages box $
Federal WH box $
Social security wages box $
Social security WH box $
Medicare wages box $
Medicare WH box $
The Suarezes also received two Forms INT showing interest they received on two savings accounts. One Form INT, from the First National Bank of Northeastern Denver, showed interest income of $ in box The other Form INT, from Second National Bank of Northwestern Denver, showed interest income of $ in box
Jose and Maria had qualifying health care coverage at all times during the tax year.
Required:
Prepare a Form for Mr and Mrs Suarez. Use the appropriate Tax Tables.
Note: List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Do not round intermediate computations. Round your final answers to the nearest whole dollar amount. Instructions can be found on certain cells within the forms.
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