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complete the required federal individual income tax return forms for the following taxpayer. Unless instructed otherwise, the information provided is for the taxpayers 2013 tax

complete the required federal individual income tax return forms for the following taxpayer. Unless instructed otherwise, the information provided is for the taxpayers 2013 tax year. Please complete his 2013 tax return Ignore the requirement to attach the form(s) WK2 to the front page of the Form 1040. If required information is missing, use reasonable assumptions to fill in the gaps. Bob and Melissa Grant are married and live in Lexington, Kentucky. The Grants have two children Jared age 15 and Alese age 12. The Grants would like to file a joint tax return for the year.! The following information relates to the Grants tax year:! Bobs Social Security number is 987K45K1234 Melissas Social Security number is 494K37K4893 Jareds Social Security number is 412K32K5690 Aleses Social Security number is 412K32K6940 The Grants mailing address is 95 Hickory Road, Lexington, Kentucky 40502. Jared and Alese are tax dependents for federal tax purposes Bob Grant received the following during the year Melissa Grant received the following during the year All applicable and appropriate payroll taxes were withheld by Grants respective employers Bob Grant received the following during the year: Employer! Gross Wages Federal Income Tax Withholding State Income Tax Withholding National Storage $66,200 $8,000 $3,750 Lexington Little League $2,710 0 0 Mellissa Grant received the following during the year: Employer! Gross Wages Federal Income Tax Withholding State Income Tax Withholding Jensen Photography! $24,500! $2,450! $1,225! All applicable and appropriate payroll taxes were withheld by Grants respective employers. The Grants also received the following during the year: Interest Income from First Kentucky Bank $130 Interest Income from City of Lexington, KY Bond $450 Interest Income from U.S. Treasury Bond $675 Interest Income from Nevada State School Board Bond $ 150 Workers Compensation payments to Bob $4,350 Disability payments received by Bob on account of injury $3,500 National Storage paid 100% of premiums the premiums on the policy and included the premium payments in Bobs taxable wages Receipt of payment by Melissa as a result of a lawsuit for damages sustained in a car accident: Medical Expenses $2,500 Emotional Distress $12,000 Punitive Damages $10,000 Total: $24,500 Eight years ago, Melissa purchased an annuity contract for $88,000. This year, she received her first payment on the!\ annuity. The payment amount was $15,000. The annuity started to pay on January 1 and she received a full first years payment. It will pay her $15,000 per year for ten years (beginning with this year). The $15,000 payment was reported to Melissa a form 1099KR for the current year (box 7 contained an entry of 7 on the form). The Grants did not own, control or manage any foreign bank accounts nor were they a grantor or beneficiary of a foreign trust during the tax year. The Grants paid or incurred the following expenses during the year: Dentist/Orthodontist (unreimbursed by insurance) $10,500 Doctors (unreimbursed by insurance) $625 Prescriptions (unreimbursed by insurance) $380 KY state tax payment made on 4/15/13 for 2012 liability $1350 Real property taxes on residence $ 1,800 Vehicle property tax based upon age of vehicle $250 Mortgage interest on principal residence $8,560 Interest paid on borrowed money to purchase the City of Lexington,KY municipal bonds $400 Interest paid on borrowed money to purchase U.S. Treasury!bonds $240 Contribution to the Red Cross $1,000 Contribution to Senator Rick Hartleys ReKelection Campaign $2,500 Contribution to First Baptist Church of Kentucky $6,000 Fee paid to Jones & Company, CPAs for tax preparation $200 In addition, Bob drove 6,750 miles commuting to work and Melissa drove 8,230 miles commuting to work. Both the Grants have represented to you that they maintained careful logs to support their respective mileage. The Grants drove 465 miles in total to receive medical treatment at a hospital in April. During the year, the Grants personal residence was burglarized on October 1 of the current year. The theft occurred during the day while both the Grants were at work and their children were at school. The Grants had the following personal property stolen: Item Purchase Date! Fair Value on Date of Theft Tax Basis of Item Insurance Reimbursement Received Laptop computer and Printer 09/01/2013 3,000 3,000 500 Rifle 03/01/2011 2,000 2,500 500 TV/Projector 03/01/2011 5,000 13,000 1,000 2005 Honda Pilot 07/01/2012 4,000 6,500 500 Total 14,000 25,000 2,500 The Grants want to contribute to the Presidential Election Campaign. The Grants would like to receive a refund (if any)! Of any tax they may have overpaid for the year. Their preferred method of receiving the refund is by check

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