Essential of Federal income Tavan April 1, 2019 a 48 and 5 CUMULATIVE PROBLEM (CHAPTERS 70 Information to prepare the income tax return of Frank and Sands Probleme Schedule A and Form 2441. All parties sign and date the return on Apelande able for manual preparation or computer software application Use the following informatie Use Form 1040, Schedule A 57. with their three child al cloction ra is employed -47-9231) Anderson (ages 4 Frank A. (SSN 81-26-1717) and Sanda l en CA 920 spect rule ar 2121 Century Avenue 19. Charles Cage 1. SSN 99 hom they fully support Mandy case 9. SSN 998-21 5247). and Carol Car 14. SSN 998-21-1827). go to the Presidential Cam her clects to have s e rons file a joint return and computer operator Details of their salaries and con fund. Frank is empleadas a customer service representative Sandra is emple Details of their salaries and withholdings, are as follows Finderud Social w Tax Swrity Tax Medicare TE Withheld G Sur low Tor Wind $1.792 1.087 $2.100 $3.503 2.501 5819 585 980 Frank Sandra $56,500 40.343 ce equal to 75% of rank semployer provides him with full family health care coverage as a tax-free employceh of Frank's compensation package also includes group-term life insurance equal to 750 annual salary: The cost to the company for the premium was S210. from State In August, Sandra earned $400 of interest when she cashed in a certificate of deposit from S Bank. The Middleton Farmers Bank credited $300 of interest to the Andersons joint savi account during the year. The Andersons overpaid their 2017 state income taxes by $142 m received their refund in June. The Andersons'itemized deductions exceeded the standard dedu by $2.300 last year. Since they both work outside the home, they are unable to be there when their children home from school. This year the Andersons paid a neighbor, Gloria Dryden (SSN 992-31-4270 51.100 to care for Mandy and Charles in her home after school hours and during the sum vacation period while the Andersons were at work. Gloria's address is 2132 Century Avenue Middleton, CA 92657. During the year, Sandra received unemployment compensation of $6,000. Frank is covered a qualified pension plan at work: Sandra is not. The Andersons are interested in contributing to their respective traditional IRAs the maximum that they can deduct on their 2018 tax retum Both contributions take place before April 15, 2019. Other Deutions $ life (Sandra is the beneficiari 18 175 168 1.200 459 180 175 Cancelled checks, recipes and pad d ling opende Odo T. Miller, MD. (not covered by Insurance Qualified stop smoking program for Sands Alex B. Kramer, D.V.M. ( tar i he Andersons dog Life insurance premiums on Frank Sandra is the beneficiary Kathryn R. Smith, dentist (not covered by insurance) Weight loss program for Frank Cosmetic purposes) Martin R Jones, optometris (not covered by insurance Eyeglasses for Mandy (not covered by insurance) Driver's license renewal for Sandra Fishing license for Frank Credit card interest Home mortgage interest on the main home Real estate taxes on the main home Trash pickup fees Home repairs and improvements Homeowner's insurance General sales taxes paid during the year State excise taxes Cash gift to First Unity Church (with receipt) Value of Frank's time volunteered to the Girl Scouts Political contributions 275 5.690 2851 120 620 500 572 98 2,200 300 50 260 Bingo and lottery tickets Rental for safe deposit box to store investment items Legal fees paid for preparation of the Andersons' personal wills 875 In addition, on April 24, 2018, the Andersons paid $600 to Homer P. Gill for preparation of their 2017 tax return. When Frank's father died on Christmas Day, Frank inherited his father's savings account. The account balance was $20,000. In March, Sandra's best friend, Nancy, moved to Sweden. Nancy's 17-year-old daughter, Inga, stayed with the Andersons for the rest of the year. Inga had a part-time job after school and earned $4,120. The Andersons provided over half of Inga's support. Essential of Federal income Tavan April 1, 2019 a 48 and 5 CUMULATIVE PROBLEM (CHAPTERS 70 Information to prepare the income tax return of Frank and Sands Probleme Schedule A and Form 2441. All parties sign and date the return on Apelande able for manual preparation or computer software application Use the following informatie Use Form 1040, Schedule A 57. with their three child al cloction ra is employed -47-9231) Anderson (ages 4 Frank A. (SSN 81-26-1717) and Sanda l en CA 920 spect rule ar 2121 Century Avenue 19. Charles Cage 1. SSN 99 hom they fully support Mandy case 9. SSN 998-21 5247). and Carol Car 14. SSN 998-21-1827). go to the Presidential Cam her clects to have s e rons file a joint return and computer operator Details of their salaries and con fund. Frank is empleadas a customer service representative Sandra is emple Details of their salaries and withholdings, are as follows Finderud Social w Tax Swrity Tax Medicare TE Withheld G Sur low Tor Wind $1.792 1.087 $2.100 $3.503 2.501 5819 585 980 Frank Sandra $56,500 40.343 ce equal to 75% of rank semployer provides him with full family health care coverage as a tax-free employceh of Frank's compensation package also includes group-term life insurance equal to 750 annual salary: The cost to the company for the premium was S210. from State In August, Sandra earned $400 of interest when she cashed in a certificate of deposit from S Bank. The Middleton Farmers Bank credited $300 of interest to the Andersons joint savi account during the year. The Andersons overpaid their 2017 state income taxes by $142 m received their refund in June. The Andersons'itemized deductions exceeded the standard dedu by $2.300 last year. Since they both work outside the home, they are unable to be there when their children home from school. This year the Andersons paid a neighbor, Gloria Dryden (SSN 992-31-4270 51.100 to care for Mandy and Charles in her home after school hours and during the sum vacation period while the Andersons were at work. Gloria's address is 2132 Century Avenue Middleton, CA 92657. During the year, Sandra received unemployment compensation of $6,000. Frank is covered a qualified pension plan at work: Sandra is not. The Andersons are interested in contributing to their respective traditional IRAs the maximum that they can deduct on their 2018 tax retum Both contributions take place before April 15, 2019. Other Deutions $ life (Sandra is the beneficiari 18 175 168 1.200 459 180 175 Cancelled checks, recipes and pad d ling opende Odo T. Miller, MD. (not covered by Insurance Qualified stop smoking program for Sands Alex B. Kramer, D.V.M. ( tar i he Andersons dog Life insurance premiums on Frank Sandra is the beneficiary Kathryn R. Smith, dentist (not covered by insurance) Weight loss program for Frank Cosmetic purposes) Martin R Jones, optometris (not covered by insurance Eyeglasses for Mandy (not covered by insurance) Driver's license renewal for Sandra Fishing license for Frank Credit card interest Home mortgage interest on the main home Real estate taxes on the main home Trash pickup fees Home repairs and improvements Homeowner's insurance General sales taxes paid during the year State excise taxes Cash gift to First Unity Church (with receipt) Value of Frank's time volunteered to the Girl Scouts Political contributions 275 5.690 2851 120 620 500 572 98 2,200 300 50 260 Bingo and lottery tickets Rental for safe deposit box to store investment items Legal fees paid for preparation of the Andersons' personal wills 875 In addition, on April 24, 2018, the Andersons paid $600 to Homer P. Gill for preparation of their 2017 tax return. When Frank's father died on Christmas Day, Frank inherited his father's savings account. The account balance was $20,000. In March, Sandra's best friend, Nancy, moved to Sweden. Nancy's 17-year-old daughter, Inga, stayed with the Andersons for the rest of the year. Inga had a part-time job after school and earned $4,120. The Andersons provided over half of Inga's support