Complete the SCHEDULE B (Form 1040A of 1040) for the following information:

Taxpayer Information

Name: John Washington

Address: 3450 Green St.

Miami, FL 54321

DOB: 5/5/1960

Filing Status: Married

SSN: 434-20-2020

Occupation: Engineer

Name: Debra Washington

Address: 3450 Green St.

Miami, FL 54321

DOB: 7/7/1962

Filing Status: Married

SSN: 411-21-4568

Occupation: Teacher

INCOME INFORMATION:

Wages and Compensation

The following information is taken from John Washingtons 2017 Form W-2 Wage and Tax Statement:

Box 1 Wages, tips, and other compensation	80,000
Box 2 Federal Withholding	12,500
Box 17 State Income Tax Withholding	2,000

The following information is taken from Debra Washingtons 2017 Form W-2 Wage and Tax Statement:

Box 1 Wages, tips, and other compensation	42,000
Box 2 Federal Withholding	3,500
Box 17 State Income Tax Withholding	750

Interest and Dividends

John had interest income from a savings account from Everest Bank of $500.00

Debra had dividend income of $550 from Blue Co. stock.

Capital Gains

John had the following stock transactions in 2017:

He sold 1,000 shares of Apex Co. for $ 12,000 on June 7, 2017, which he purchased on April 1, 2017 for 25,000

Rental Real Estate

The couple owns a rent house which he purchased on July 1, 2014. The income and expenses of the rental real estate unit are as follows:

Rental income $12,000

Property taxes $1,500

Depreciation $1,000

Repairs and Maintenance $750

Insurance $2,000

Other Transactions in 2017

1. Debra had educator expenses in 2017 of $450.00

2. John had gambling winnings of $1,000.

3. John was the beneficiary of his mothers life insurance policy.

His mother died in 2017 and he received $50,000 under this policy.

4. Debra paid $700 in student loan interest.

SCHEDULE B (Form 1040A or 1040) Interest and Ordinary Dividends Attach to Form 1040A or 1040. Information about Schedule B (Form 1040A or 1040) and its instructions is at 2016 Attachment Sequence No. 08 t of the www.irs.govwscheduleb Namels) shown on return Part I Interest (See instructions on back and the instructions for Form 1040A, or Form 1040 line 8a.) Note. Ifyou receiveda Form Your social security number I List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see instructions on back and list this interest first. Also, show that buyer's social security number and address 1099-INT Form 1099-0ID, or substituteNote. If line 4 is over $1,500, you must complete Part III. statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown Amount S List name of payer Part II Ordinary Dividends (See instructions on back and the instructions for Form 1040A, or Form 1040 line 9a.) received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the Note. If line 6 is over S1,500, you must complete Part IlI You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends: (b had a foreign account; Yes No or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust. Part III 7a At any time ding 2016, did you have a financial interest in or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located in a foreign Foreign Accounts If Yes, are you required to file FinCEN Form 114, Report of Foreign Bank and Financial and Trusts Accounts (FBAR), formerly TD F 90-22.1, to report that financial interest or signature authority? See FinCEN Form 114 and its instructions for filing requirements and exceptions to those (See instructions on b If you are required to file FinCEN Form 114, enter the name of the foreign country where the back.) 8 During 2016, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust? If"Yes," r and enter the ordinary dividends shown on that form. country? See instructions ts financial account is located have to file Form 3520. See instructions on back For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Schedule B (Form 1040A or 1040) 2016