Complete Evan McCowan's federal tax return for 2016.

1. Use Form 1040, Schedule A, Schedule B, Schedule D, Form 8949, and the Qualified Dividends and Capital Gain worksheet 2. This taxpayer is not subject to AMT. 3. Make realistic assumptions about any missing data but do not change the amounts given on the following page. 4. Use 2016 rates.

Taxpayer information:

Name: Evan McCowan

Age: 37

Address: 1623 Greenbriar Lane, Sacramento, CA 95841

Social Security Number: 877-23-5130

Employment and earnings information:

Manager of a local automotive repair shop

Earnings: $69,000

Federal Income Tax withheld: $14,800

State Income Tax withheld: $ 2,300

Other income:

Qualifying dividends $4,400 Source: Ten Mile Creek Corporation Stock

Interest $5,205 Source: Long Term Certificate of Deposit at

1^st National Bank of Sacramento

Evan received a Form 1099-B from his brokerage company for the following 2016 stock transactions:

Stock	# shs sold	Acquired	Sold	Price	Basis
Raven Co.	220 shs	2/01/2006	10/05/2016	5,400	2,500
Grayson, Co.	100 shs	6/11/2016	8/03/2016	4,000	5,000
Bison, Co.	150 shs	12/12/2015	9/22/2016	6,300	5,000
West, Co.	80 shs	5/12/2005	10/15/2016	7,000	4,000
Blackwater, Co.	115 shs	9/15/2009	11/01/2016	5,500	6,800

2016 Expenditures (all of which can be substantiated) You decide what is deductible and where it should be reported:

Home mortgage interest $10,600

Credit card interest $ 550

Auto loan interest $ 1,700

Life insurance (universal policy) $ 750

Property taxes personal residence $ 1,150

Doctor office visits copay (out of pocket/not reimbursed) $ 650

Other medical expenses $ 790

Income tax preparation fee $ 250

Cash contributions American Heart Association $ 575