Cecilia Kuang (born 3/1/1975, Social Security #565-33-2342) is married to Peter Kuang (born 8/1/1977 SS #565-44-3333). They support two children, Vernon (born 4/3/2009, SS 555-44-2080) and Hilary (born 12/1/2002, SS# 565-80-9221).

The Kuangs also support Cecilias mother Jiaya Chow who is single (born 11/8/46, SS # 565-11-2222). Jiaya also lives with them all year. Jiayas only income is Social Security Income of $8,000 which she spends on her own support. The Kuangs provide $10,000 of support for Cecilias mother.

The Kuangs live at 831 Wood Lane, Walnut Creek Ca. 94666.

Cecilia works part time at Chang and Chang CPAs as an employee. She received the W- 2 shown below. This year Cecilia took a business trip that cost her $2500. She also took two courses at UC Berkeley to increase her skills as a CPA. She paid $3200 for the courses. She was not reimbursed by her employer for either of the expenses. Cecilia graduated with a BS degree in 1998 from the University of Minnesota.

Peter has his own business as Certified Financial Planner. Peter had the following income and expenses for his business.

Income $66,312

Rent Expense $14,512

Utilities expense $2,312

Peter also contributed $6000 to an Individual Retirement Account for himself.

Hilary is a full-time freshman at SFSU. She lives on campus but comes home during vacation periods. Hilary works part-time at as a secretary and earns $8,000 and receives $2000 interest income from a Costco Bond. Her parents pay her tuition of $5500 (the remainder is a scholarship) and $1000 for books and supplies as well as $4000 of other expenses. Hilary uses all $10,000 of her income to support herself.

The Kuangs pay child care costs of $2500 for Vernon to Howard Gomez (SS # 565-00-3000), 2311 Grove Road, Walnut Creek, Ca. 94666

They Kuangs receive the 1099 forms listed below which detail their interest income and dividend income.

The Kuangs owned a condominium. The paid interest expense on the mortgage of $14,312 and they also paid property taxes of $5112. This year they painted the inside and outside of their condo for $9,000.

Cecilia bought a scratch-off lottery ticket and won $200.

The Kuangs paid $12,312 to the Vernons orthodontist.

Peter contributed $1,300 to his alma mater, Harvard University.

Cecilia sold her 2016 BMW. She had purchased it used on 4/1/2018 for $32,000. She sold it on 8/2/2020 for $33,500.

The Kuangs paid the following amounts for taxes in 2020

Federal estimated taxes paid by Peter	2,700
Federal withholding tax for Cecilia	3331
California withholding tax for Cecilia	1912
California estimated tax	1423
Social security taxes withheld for Cecilia	1788
Medicare taxes withheld for Cecilia	418
Property taxes on their home	See above
Federal Withholding tax for Hilary	500
California Withholding tax for Hilary	200
Social Security tax for Hilary	496
Medicare tax withheld for Hillary	116

a Employee's social security number 22222 VOID For Official Use Only 565-44-3333 OMB No 1545-0008 b Employer identification number (EIN) 1 Wages, tips, other compensation 93-1093333333333333 $28,831.00 e Employer's name, address, and ZIP code 9 Social security wages Chang and Chang $28,831.00 912 Golf Road 925-331-1155 5 Medicare wages and tips $28,831.00 7 Social security tips Walnut Creek 94666 Country d Control number 2 Federal income tax withhold $3,331.00 4 Social security tax withheld $1,788.00 6 Medicare tax withhold $418.00 8 Allocated tipo ca a 10 Dependent care benefits Last name Suft. 11 Nonqualified plans 12a See Instructions for box 12 . Employee's first name and initial Cecilia 831 Wood Lane Kuang That 12b Phone Num # 13 tahun # # # 14 Other 120 Walnut Creek ca 94666 Country 12d # 1 Employee's address and ZIP code 15 State Employer's state ID number 92-2222222222222 20 Locality name 16 State wages, tips, etc. 17 State income tax $28,831.00 $1,912.00 18 Local wages, tips, ofe, 10 Local income tax # Ca # W-2 wage and Tax Statement 2020 Form Copy A-For Social Security Administration. Send this entire page with Form W.3.to the Social Security Administration not conies are not accentaje Department of the Treasury - Internal Revenue Service For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat No. 101340 a Employee's social security number 22222 VOID For Official Use Only 565-44-3333 OMB No 1545-0008 b Employer identification number (EIN) 1 Wages, tips, other compensation 93-1093333333333333 $28,831.00 e Employer's name, address, and ZIP code 9 Social security wages Chang and Chang $28,831.00 912 Golf Road 925-331-1155 5 Medicare wages and tips $28,831.00 7 Social security tips Walnut Creek 94666 Country d Control number 2 Federal income tax withhold $3,331.00 4 Social security tax withheld $1,788.00 6 Medicare tax withhold $418.00 8 Allocated tipo ca a 10 Dependent care benefits Last name Suft. 11 Nonqualified plans 12a See Instructions for box 12 . Employee's first name and initial Cecilia 831 Wood Lane Kuang That 12b Phone Num # 13 tahun # # # 14 Other 120 Walnut Creek ca 94666 Country 12d # 1 Employee's address and ZIP code 15 State Employer's state ID number 92-2222222222222 20 Locality name 16 State wages, tips, etc. 17 State income tax $28,831.00 $1,912.00 18 Local wages, tips, ofe, 10 Local income tax # Ca # W-2 wage and Tax Statement 2020 Form Copy A-For Social Security Administration. Send this entire page with Form W.3.to the Social Security Administration not conies are not accentaje Department of the Treasury - Internal Revenue Service For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat No. 101340