How to compute below on tax form. with suitable tax form.

Darren and Samantha Stevens want you to complete their 2017 tax return.

Darren, (Soc Sec # 320 38 6678) age 34, is a self-employed marketing consultant who owns a business next to a large tobacco company office building. His wife Samantha, (666 66 6666) age 31, teaches white magic at a local language school. They have 3 children - Tabitha, age 8; Isaac age 6; and Mira age 3. You have the social security numbers for each of them. They live at 246 White Bread Drive, Suburbia, MN, 56666.

The children are cared for by Samanthas mother Endora, at no charge. She just loves those kids.

They paid $8,900 in mortgage interest according to their 1098. It is a first mortgage secured by their home. The original balance on the mortgage was about $150,000. They paid $1,200 in real estate taxes for their home and $1,200 in property taxes for their raw land up north. They pay $3,500 for property taxes on their rental building (see below). They pay $1,000 for property taxes on their small farm (see below). They have billing statements for all the property taxes.

They also made charitable contributions of $4,000 cash to their place of worship according to the receipt from the charity. You have the address for the place of worship. They made a contribution of IBM stock to the Salvation Army and of course have a receipt from Salvation Army The broker sent receipts to the Stevens. The IBM stock was purchased 3 years ago for $7,800, and was worth $9,550 on the date of the gift, May 30.

They also donated good clothes worth about $50 to Goodwill, according to the receipt from Goodwill.

Samantha and Darren earned interest (on money market accounts) of $3,200 according to 1099s. They have no money overseas. They received $1,500 of municipal bond interest. The 1099 reflects that it is federal tax exempt.

Each of the children received a $20,000 inheritance from Samantha's father's estate at the end of the year. Each of the children received about $17 of interest according to the 1099s received from the estate.

They sold their car to Samantha's sister on June 28 for $5,000. They purchased it May 17, 2008 for $17,000.

According to the W-2 box 1 and 3 Samantha's salary for the year is $32,000, from which $3,000 in federal income tax and $1,400 in state income tax were withheld. She had $2,448 withheld for FICA. Samantha receives medical and dental insurance benefits from her employer in the amount of $3,600 of premiums paid by the employer. They paid an additional $2,400 in medical and dental insurance premiums themselves out of their checkbook.

They had $580 of out of pocket medical and prescription expenses, according to receipts.

Darren is self-employed, so he has no W-2 (see below). He paid $40,000 in federal estimated taxes this year, and $3,000 in state estimated taxes this year.

According to the 1099DIV, they have total dividend income of $2,000 in box 1a and in box 1b of the 1099DIV, all from American Motors stock they have held for years.

They have no interest in any foreign bank or financial institution.

According to their brokers 1099-B, all the bases for these stocks are show in box 3 of the 1099Bs:

Short term according to the broker:

They bought 100 shares Eastman Kodak stock in February 12 this year for $10,000, and sold it for $8,500 in April 12 this year after it was taken off the DJIA.

They sold100 shares Tetratel stock November 28 this year for $25,556. They received Tetratel from the estate of Samantha's father who died November 13 this year when it was worth $24,400. He purchased it for $10,000 August 23, 1998.

Long Term:

They sold 100 shares of GM stock for $256 on May 10 this year. They purchased the stock for $15,000 on March 23, 2001.

They sold 100 shares Altria stock for $15,000 October 15 this year. They purchased it for $1,200 June 16, 1990.

They did not receive a 1099 for the following sale:

They sold 40 acres of land up north for $25,000 cash (check) on October 21. There was no commission. They received it as a wedding gift October 10, 1994 from Samantha's parents. It was worth $20,000 on the date of the gift, and Samantha's parents bought it in 1970 for $12,000.

They purchased 100 shares Pfizer stock April 12 this year for $8,500, and it was worth $11,334 on December 31 this year. They still have the Pfizer stock.