Hi,

I have an assignment for my accounting class ACCT 3315 I would like help with my assignment, please!

Practical Individual Tax Problem Assignment Each student will be required to do a handwritten tax return for an individual's family. This would include: Wages Self-Employed Income Deductions from Gross Income Deductions for Adjusted Gross Income Itemized Deductions/Standard Deduction Exemptions Computation of Self-Employed FICA and Medi-Care Taxes Rental Income/Expenses for Rental Income/Depreciation Each student will need to get the forms and tax computations from irs.gov under Forms and Publications. Income Tax Practical Tax Problem Fall 2015 You are to prepare a tax return for Jeff and Samantha Smith. You need to make up Social Security numbers for them. They have two children, Annette and Sophie. You need to make up Social Security numbers for them. Both Annette and Sophie are in elementary school. Jeff is self-employed as an insurance salesman. Samantha is an elementary school teacher. You are to makeup addresses for their residence and for Jeff's insurance business. Jeff's business is on the tax basis and materially participates in the business. All forms can be found at irs.gov \"Forms and Publications\". The 1040 will have tax tables for you to complete the return. You will need the following forms; 1040, Schedule A, Schedule B, Schedule C, Schedule D, Schedule E, and Schedule SE. The tax tables should be in the Form 1040 section. If you need a publication to assist in your preparation, then go to \"Search\" in \"Publications.\" The following is the information you will need to complete the tax return. Jeff's Insurance Income Samantha's School Income Samantha's Withholding Samantha's FICA/Medi-Care Samantha's College Interest Royalty from Consolidated Gas Medical Insurance Doctors Eyeglasses Dentists Mortgage Interest Taxes on Homestead Contributions to Church Samantha's Union Dues Samantha's Teacher Expenses Tax Return Preparation Interest on Allied Savings Dividend Income Jeff's Insurance Expenses Travel Meals Office Supplies Auto Expenses Rent Business Taxes Business Insurance Internet Books Continuing Education 40,000 32,000 4,000 2,400 1,200 700 3,000 2,000 300 200 6,000 3,000 3,000 300 200 100 200 100 400 300 1,000 3,000 4,000 100 400 300 200 500 Jeff's Insurance's Expenses Telephone Tolls Storage Estimated Tax Payments Bank Charges Sale of Diamond Co. Gross Sales Basis (Assume Long Term) Partnership Income From Smith Family Partnership 1,500 200 200 6,000 200 3,000 2,000 1,000 Income Tax Practical Tax Problem Fall 2015 You are to prepare a tax return for Jeff and Samantha Smith. You need to make up Social Security numbers for them. They have two children, Annette and Sophie. You need to make up Social Security numbers for them. Both Annette and Sophie are in elementary school. Jeff is self-employed as an insurance salesman. Samantha is an elementary school teacher. You are to makeup addresses for their residence and for Jeff's insurance business. Jeff's business is on the tax basis and materially participates in the business. All forms can be found at irs.gov \"Forms and Publications\". The 1040 will have tax tables for you to complete the return. You will need the following forms; 1040, Schedule A, Schedule B, Schedule C, Schedule D, Schedule E, and Schedule SE. The tax tables should be in the Form 1040 section. If you need a publication to assist in your preparation, then go to \"Search\" in \"Publications.\" The following is the information you will need to complete the tax return. Jeff's Insurance Income Samantha's School Income Samantha's Withholding Samantha's FICA/Medi-Care Samantha's College Interest Royalty from Consolidated Gas Medical Insurance Doctors Eyeglasses Dentists Mortgage Interest Taxes on Homestead Contributions to Church Samantha's Union Dues Samantha's Teacher Expenses Tax Return Preparation Interest on Allied Savings Dividend Income Jeff's Insurance Expenses Travel Meals Office Supplies Auto Expenses Rent Business Taxes Business Insurance Internet Books Continuing Education 40,000 32,000 4,000 2,400 1,200 700 3,000 2,000 300 200 6,000 3,000 3,000 300 200 100 200 100 400 300 1,000 3,000 4,000 100 400 300 200 500 Jeff's Insurance's Expenses Telephone Tolls Storage Estimated Tax Payments Bank Charges Sale of Diamond Co. Gross Sales Basis (Assume Long Term) Partnership Income From Smith Family Partnership 1,500 200 200 6,000 200 3,000 2,000 1,000