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Dave and Dawn DeAnza are merried and have two children, Dizzy age 10 and Desiree age 16. Dave attends a local college part-time in the

Dave and Dawn DeAnza are merried and have two children, Dizzy age 10 and Desiree age 16. Dave attends a local college part-time in the evening going directly to school from work. The distance form work to school is 20 miles.He made this trip twently times. He paid $12,100 for tuition. He is in his fourth year of college. Dave's dad, Dirk, age 65, live with Dave and his family 8 months out of the year. Dirk's main source of income is $2,000 per month in alimony which he saves entirely while living expenses are paid equally by Dave and Dave's sister Donna. Dirk, also spent $1,500 towards college tuition, taking fun classes at the fourth year level.

Dave and Dawn have another son, Doogie age 18, by Dawn's prior marriage.Doogie lives with Dave and Dawn for nine months out of the year. The divorce decree was silent as to who could claim Doogie. Dave and Dawn received $4,000 in child support for the year form Doggies dad during the year. Doogie went to a local college, where he is a first year college student. His parents, Dave and dawn, paid $1,000 for tuition.

Dawn inherited form her uncle 100 shares of stock in IBM Corproation. The day she received the stock its worth $110 per share. Her uncle had paid $10 per share in 1928.

Dawn also started her own businese in 2013 called A New Dawn that sells womens cosmetics.

Dave is also still liable to alimony to his ex-wife Della, he was supposed to pay $2,100 per month for 2015. He forgot to pay the amount due for December. He sent the check on January 2, 2016, but dated the check December 29, 2015.

Other Pertinent 2015 facts for Dave and Dawn:

Daves W-2 Wages $94,000

Dawns W-2 Wages 57,000

Dawns Gross business income 20,007

Dawns expenses: Supplies 1,800

Business Miles: 4,000

Used computer purchased for $3,200 on Dec 29, 2015. She would like to expense the cost but does not know if a used computer is eligible.

Municipal Bond Interest 1,500

Unemployment Compensation 4,500

Medical Premiums 2,500

Braces for kids 8,200

Student loan interest 1,420

Mortgage interest 15,000

Credit card interest 2,100

Real Estate Taxes 12,500

Charitable Contribution 5,000

Professional Dues 1,120

IPA Contribution- Dave contributed 5,500 to regular IRA

Dawn contributed5,500 to ROTH IRA

Sale of Stock:

100 share of the inherited IBM stock at a price of $95 per share

200 share of helium Inc. purchased for $10,000, 01/15/1985. The company went out of business in 2015.

Sale of Vacant Land: Purchased for $ 3,000 on 01/15/1997. The land was sold on 07/15/2015 for $5,500.

Federal taxes Withheld $10,000

State Taxes Withheld $6,000

Dirk also received $15,000 in social security income, had gambling winnings of $3,000 and gambling losses of $4,000.

Dave and Dawn fired their last CPA because he forgot to calculate the AMT for 2015.

Please prepare Form 1040 using all forms and attachments including Form 6251 ( AMT) for:

1, Dave and Dawns tax for 2015

Dave and Dawn DeAnza are merried and have two children, Dizzy age 10 and Desiree age 16. Dave attends a local college part-time in the evening going directly to school from work. The distance form work to school is 20 miles.He made this trip twently times. He paid $12,100 for tuition. He is in his fourth year of college. Dave's dad, Dirk, age 65, live with Dave and his family 8 months out of the year. Dirk's main source of income is $2,000 per month in alimony which he saves entirely while living expenses are paid equally by Dave and Dave's sister Donna. Dirk, also spent $1,500 towards college tuition, taking fun classes at the fourth year level.

Dave and Dawn have another son, Doogie age 18, by Dawn's prior marriage.Doogie lives with Dave and Dawn for nine months out of the year. The divorce decree was silent as to who could claim Doogie. Dave and Dawn received $4,000 in child support for the year form Doggies dad during the year. Doogie went to a local college, where he is a first year college student. His parents, Dave and dawn, paid $1,000 for tuition.

Dawn inherited form her uncle 100 shares of stock in IBM Corproation. The day she received the stock its worth $110 per share. Her uncle had paid $10 per share in 1928.

Dawn also started her own businese in 2013 called A New Dawn that sells womens cosmetics.

Dave is also still liable to alimony to his ex-wife Della, he was supposed to pay $2,100 per month for 2015. He forgot to pay the amount due for December. He sent the check on January 2, 2016, but dated the check December 29, 2015.

Other Pertinent 2015 facts for Dave and Dawn:

Daves W-2 Wages $94,000

Dawns W-2 Wages 57,000

Dawns Gross business income 20,007

Dawns expenses: Supplies 1,800

Business Miles: 4,000

Used computer purchased for $3,200 on Dec 29, 2015. She would like to expense the cost but does not know if a used computer is eligible.

Municipal Bond Interest 1,500

Unemployment Compensation 4,500

Medical Premiums 2,500

Braces for kids 8,200

Student loan interest 1,420

Mortgage interest 15,000

Credit card interest 2,100

Real Estate Taxes 12,500

Charitable Contribution 5,000

Professional Dues 1,120

IPA Contribution- Dave contributed 5,500 to regular IRA

Dawn contributed5,500 to ROTH IRA

Sale of Stock:

100 share of the inherited IBM stock at a price of $95 per share

200 share of helium Inc. purchased for $10,000, 01/15/1985. The company went out of business in 2015.

Sale of Vacant Land: Purchased for $ 3,000 on 01/15/1997. The land was sold on 07/15/2015 for $5,500.

Federal taxes Withheld $10,000

State Taxes Withheld $6,000

Dirk also received $15,000 in social security income, had gambling winnings of $3,000 and gambling losses of $4,000.

Dave and Dawn fired their last CPA because he forgot to calculate the AMT for 2015.

Please prepare Form 1040 using all forms and attachments including Form 6251 ( AMT) for:

1, Dave and Dawns tax for 2015

2, Dirks tax for 2015.

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