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During 2018, Jason and Vicki Hurting, who are married with two children and filing jointly, had the following tax information. Jason owns a cash-basis landscaping

During 2018, Jason and Vicki Hurting, who are married with two children and filing jointly, had the following tax information. Jason owns a cash-basis landscaping business, and Vicki works as a sales executive for a manufacturing business. Jason (SSN 412-34-5670) and Vicki (SSN 412-34-5671) reside at 123 Bate Street, Bright, AL 36116. Both children are under the age of 17: Jason Jr. (412-34-5672) date of birth 7/20/09 Catlin (412-34-5673) date of birth 1/08/13 Vickis W-2 information is as follows: Wages $ 94,000 Federal withholding 22,000 Social security wages 94,000 Social security withholding 5,828 Medicare withholding 1,363 State withholding 4,700 Other income: 1099-G Alabama state tax refund is taxable because $4,700 was deducted on last years return $ 423 1099-INT First Bank of Alabama 225 1099-DIV IBM, Inc.Ordinary dividends 125 Qualified dividends 125 ________________________________________ The following information is for Jasons landscaping business (business code 811490): Revenue $ 153,000 Wages 41,600 Payroll tax 3,182 Cell phone charge 425 Assets ( 179 elected) ________________________________________ Item Date Purchased Business Use Amount Percentage Truck (100% business) 2/05/18 $ 28,000 100 % Mower 1 3/08/18 12,000 100 Mower 2 3/08/18 3,400 100 Equipment 6/25/18 1,595 100 ________________________________________ The truck was over 6,000 lbs. The Hurtings had the following itemized deductions: State income tax withholding (from above) $ 4,700 Real estate tax 2,100 Personal property tax 425 Mortgage interest 8,300 Charitable contributions 2,400 ________________________________________ The Hurtings made four federal estimated payments of $2,500 each on their due dates. Prepare Form 1040 plus appropriate schedules for the Hurtings for 2018. The Hurtings had qualifying health care coverage at all times during the tax year. Use the appropriate Tax Rate Schedules. Form: 1040 pg1 ,1040 pg2, schedule 1, schedule4, schedule5 ,schedule C pg1 ,schedule C pg2, Schedule SE and form 4562 (List the names of the taxpayers in the order in which they appear in the problem. Enter the required information in the Dependents section in a chronological order of "Dependent's social security number". Input all the values as positive numbers. Use Rounded values for tax computation. Do not round other intermediate computations. Round your final answers to nearest whole dollar.)

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