compute Peter and Amys Income tax liability for the current year funding Form 1040, Schedules A and B, and Form 8283, if necessary. Following is a list of information for Peter and Amy Jones for the current tax year. Peter and May are married and have three children Aubrynne, Bryson, and Caden. They live at 1846 Joplin Way, Lakeville, MN 55022. Peter is a lawyer working for a Native American law firm. Amy works part-time in a generic research lab. The Jones Social Security numbers and ages are as follows: NAME SS No. Age Peter 215-60-1989 32 Amy 301-60-2828 28 Aubrynne 713-84-5555 5 Bryson 714-87-2222 3 Caden 714-89-1684 1 Receipts Amount Peter Salary $70,000 Amys Salary $32,000 Interest Income on Municipal Bond $2400 Interest Income on certificate of deposit (Universal Saving) $3100 Dividends on GM Stock $1600 Disbursements Amount Eyeglasses and eye exam for Aubrynne 600 Orthodontic work for Bryson to correct a congenital defect 2500 Medical insurance premiums 1800 Withholding for state income taxes 7200 Withdolding for federal income taxes 16000 State income taxes paid with last yearss tax return 500 Property taxes on home 1100 Property taxes on automobile 300 Interest on home 9700 Interest on credit card 200 Cash contribution to church 3900