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Project One Due date is 4/5. I will review all submissions given to me by 4/1 Required: Use the following information to complete Keith and Jennifer Hamilton's 2018 federal income tax return. If any information is missing, use reasonable assumptions to fill in the gaps. (You MUST document the assumptions you made), Form 1040, supporting schedules. and instructions to the forms and schedules can be found at the IRS website (www.irs.gov). Facts: Keith Hamilton is employed as an airline pilot for Flyby Airlines in Cleveland, Ohio. He was started his job on June 1, 2018. Jennifer is employed as a teacher's assistant at Small World Elementary School, in Parma Heights, Ohio. Keith and Jennifer live in a home they purchased this year. Keith and Jennifer have three children who lived with them all year, Joshua (17), Danielle (14), and Sara (10). Keith and Jennifer provided the following personal information: - Keith and Jennifer do not want to contribute to the presidential election campaign. - Keith and Jennifer do not claim itemized deductions. - Keith and Jennifer live at 3678 Blue Sky Drive, Parma, Ohio 44129. - Keith's birthday is 10/12/1972 and his Social Security number is 535-22-4466. - Jennifer's birthday is 7/16/1975 and her Social Security number is 535-44-2255. Joshua's birthday is 6/30/2000 and his Social Security number is 454-54-5454. - 2001 - Danielle's birthday is 8/12/2003 and her Social Security number is 343-43-4343.2004 Sara's birthday is 5/13/2015 and her Social Security number is 232-32-3232.1 Keith's Income for the year was $24,000 and he had $2,200 federal taxes withheld. Jennifer's Income for the year was $ 19,250. And she had $625 federal taxes withheld. Additional Information: Keith's father died on November 15, 2018. Keith received a $100,000 death benefit from his father's life insurance policy on February 8, 2019. Jennifer's grandmother died on March 10, 2019, leaving Jennifer with an inheritance of $30,000. (She received the inheritance on May 12, 2019. Sara goes to Rainy Daze Daycare while Keith & Jennifer work. They paid 5,200 for Sara's daycare this year. Rainy Daze is located at 16205 Pearl Road, Parma Ohio 44130. Rainy Daze's EIN number is 34-1169866 hoalu On April 1, 2019, Jennifer slipped in the Small World Elementary lunchroom and injured her back. Jennifer received $1,700 in worker's compensation benefits because her work- related injury caused her to miss two weeks of work. She also received a $2,845 reimbursement for medical expenses from the health insurance company. Small World Elementary pays the premiums for Jennifer's health insurance policy as a nontaxable fringe benefit On May 17, 2019, Keith and Jennifer received a federal income tax refund of S1075 from their 2017 federal income tax return. On June 5, 2019, Keith and Jennifer sold their home in Henderson, Neva (net of commissions). Keith and Jennifer purchased the home 11 years ago for $470,000 On July 12, 2019, they bought a new home for $475,000. On July 25, 2019, Keith's aunt Beatrice gave Keith $48,000 because she wanted to let everyone know that Keith is her favorite nephew. On September 29, 2019, Jennifer won an iPad valued at $1.100 in a raflle at the annual fair held at Joshua's high school. Keith and Jennifer have qualifying insurance for purposes of the Affordable Care Act (ACA). Project One Due date is 4/5. I will review all submissions given to me by 4/1 Required: Use the following information to complete Keith and Jennifer Hamilton's 2018 federal income tax return. If any information is missing, use reasonable assumptions to fill in the gaps. (You MUST document the assumptions you made), Form 1040, supporting schedules. and instructions to the forms and schedules can be found at the IRS website (www.irs.gov). Facts: Keith Hamilton is employed as an airline pilot for Flyby Airlines in Cleveland, Ohio. He was started his job on June 1, 2018. Jennifer is employed as a teacher's assistant at Small World Elementary School, in Parma Heights, Ohio. Keith and Jennifer live in a home they purchased this year. Keith and Jennifer have three children who lived with them all year, Joshua (17), Danielle (14), and Sara (10). Keith and Jennifer provided the following personal information: - Keith and Jennifer do not want to contribute to the presidential election campaign. - Keith and Jennifer do not claim itemized deductions. - Keith and Jennifer live at 3678 Blue Sky Drive, Parma, Ohio 44129. - Keith's birthday is 10/12/1972 and his Social Security number is 535-22-4466. - Jennifer's birthday is 7/16/1975 and her Social Security number is 535-44-2255. Joshua's birthday is 6/30/2000 and his Social Security number is 454-54-5454. - 2001 - Danielle's birthday is 8/12/2003 and her Social Security number is 343-43-4343.2004 Sara's birthday is 5/13/2015 and her Social Security number is 232-32-3232.1 Keith's Income for the year was $24,000 and he had $2,200 federal taxes withheld. Jennifer's Income for the year was $ 19,250. And she had $625 federal taxes withheld. Additional Information: Keith's father died on November 15, 2018. Keith received a $100,000 death benefit from his father's life insurance policy on February 8, 2019. Jennifer's grandmother died on March 10, 2019, leaving Jennifer with an inheritance of $30,000. (She received the inheritance on May 12, 2019. Sara goes to Rainy Daze Daycare while Keith & Jennifer work. They paid 5,200 for Sara's daycare this year. Rainy Daze is located at 16205 Pearl Road, Parma Ohio 44130. Rainy Daze's EIN number is 34-1169866 hoalu On April 1, 2019, Jennifer slipped in the Small World Elementary lunchroom and injured her back. Jennifer received $1,700 in worker's compensation benefits because her work- related injury caused her to miss two weeks of work. She also received a $2,845 reimbursement for medical expenses from the health insurance company. Small World Elementary pays the premiums for Jennifer's health insurance policy as a nontaxable fringe benefit On May 17, 2019, Keith and Jennifer received a federal income tax refund of S1075 from their 2017 federal income tax return. On June 5, 2019, Keith and Jennifer sold their home in Henderson, Neva (net of commissions). Keith and Jennifer purchased the home 11 years ago for $470,000 On July 12, 2019, they bought a new home for $475,000. On July 25, 2019, Keith's aunt Beatrice gave Keith $48,000 because she wanted to let everyone know that Keith is her favorite nephew. On September 29, 2019, Jennifer won an iPad valued at $1.100 in a raflle at the annual fair held at Joshua's high school. Keith and Jennifer have qualifying insurance for purposes of the Affordable Care Act (ACA)