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forms needed: (FORM 1040, SCHEDULE A, SCHEDULE B, FORM 4952, SCHEDULE 1) Bob (age 45) and Melissa (age 43) Grant are married and live in

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forms needed: (FORM 1040, SCHEDULE A, SCHEDULE B, FORM 4952, SCHEDULE 1) Bob (age 45) and Melissa (age 43) Grant are married and live in Lexington, Kentucky. The Grants have three children: Robert (age 21, college student), Jared (age 16), and Judy (age 10). The Grants would like to file a joint tax return for the year. The following information relates to the Grant's tax year: - Bob's Social Security number is 987451234 - Melissa's Social Security number is 494-37-4883 - Robert's Social Security number is 412-32-4690 - Jared's Social Security number is 412-32-5690 - Judy's Social Security number is 412-32-7690 - The Grants' mailing address is 95 Hickory Road, Lexington, Kentucky 40502. - Robert, Jared, and Judy are tax dependents for federal tax purposes. Bob Grant received the following during the year: Melissa Grant received the following during the year: All applicable and appropriate payroll taxes were withheld by Grants' respective employers. Melissa received the following funds as a result of a lawsuit for damages sustained in a car accident: - Medical Expenses $25,000 - Emotional Distress $50,000 - Punitive Damages $75,000 December 12, 2022 was the Grant's lucky day! They won a raffle prize of a new 2023 Ford Mustang convertible valued at $75,000. They paid 10% in federal income taxes and 5% in state income tawes of the value of the car. Bob received an inheritance from his favorite uncle, James Robert in the amount of $250,000 in cash, on November 30, 2022. The Grant's rent a garage apartment to Robert's best friend, Ricky, for $4,000 a month. The total expenses for the year were $10,000, which consisted of utilities only, In addition, depreciation for the year on the apartment is $5,000. Bob paid his ex-wife $15,000 in alimony in 2022. They divorced in 2015 Eight years ago, Melissa purchased an annuity contract for $80,000. This year, she received her first payment on the annuity. The payment amount was $10,000. The annuity started to pay on January 1 and she received a full first year's payment. It will pay her $10,000 per year for ten years (beginning with this year). The $10,000 payment was reported to Melissa on form 1099-R for the current year. The Grants did not own, control or manage any foreign bank accounts nor were they a grantor or beneficiary of a foreign trust during the tax year. The Grants paid the following expenses during the year: Dentist/Orthodantist (unreimbursed by insurance) $5.000 Doctors (unreimbursed by insurance) $2,000 Prescriptions (unreimbursed by insurance) $500 KY state tax payment made on 4/15/22 for 2021 tax lability $3,000 Real property taxes on residence $9,000 Vehicle property tax based upon age of wehicle $800 Mortgage interest on principal residence \$25,000 Interest paid on borrowed money to purchase the Cify of Lexington, KY municipal bonds $2,000 Interest paid on borrowed money to purchase U.S. Treasury bonds $3,000 Contribution to the Red Cross $5,000 Contribution to Senator Rick Taylor's Re-election Campaign \$2,000 Contribution to First Church of Kentucky $15,000 Fees paid to Jones \& Company, CPAs for tax preparation $1.000 In addition, Bob drove 12,000 miles commuting to work and Melissa drove 8,000 miles commuting to work. Both the Grants have represented to you that they maintained careful logs to support their respective mileage. The Grants drove 500 miles in total to receive medical treatment at hospitals and doctor offices in 2022. The Grants want to contribute to the Presidential Election Campaign. The Grants would like to receive a refund (if any) of any tax they may have overpaid for the year. Their preferred method of receiving the refund is by check

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