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in need of these forms filled out as i got it wrong Demarco and Janine Jackson have been married for 20 years and have four
in need of these forms filled out as i got it wrong
Demarco and Janine Jackson have been married for 20 years and have four children (no children under age 6 at yearend) who qualify as their dependents (Damarcus, Jasmine, Michael, and Candice). The couple recelved salary income of $104,000 and qualified business income of $11,000 from an investment in a partrership, and they sold their home this year. They initially purchased the home three years ago for $205,000 and they sold it for $255,000. The gain on the sale qualified for the exclusion from the sale of a principal residence. The Jacksons incurred $16,700 of itemized deductions. and they had $4,000 withheld from their paychecks for federal taxes. They are also allowed to claim a chilid tax credit for each of their chlidren. However, because Candice was 18 years of age at year end, the Jacksons may claim a child tax credit for other qualifying dependents for Candice. (Use the tax rate.schedules.) Complete page 1, page 2, and Schedule 1 of the Jacksons' Form 1040 (use the most recent form availabie). Demarco and Janine Jackson's address is 19010 NW. 135 th Street, Miami, FL. 33054 . Social security numbers: Demarco: 123-45-6789 Janine: 234-56-7890 Son: Damarcus: 345-67-8901 Daughter: Jasmine : 456-7B-9012 Son: Michael: 567-89-0123 Doughter; Candice: 678-90-1234 Enter any non-financial information, (e.9. Names, Addresses, social security numbers) EXACTLY as they appear gnd the order in Which they appear in any given information or Problem Statement. Input all the values as positive numbers. Usel 2022 tax laws and 2021 tax form. Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount. Nelther Demarco nor Janine wish to contribute to the Presidential Election Campaign fund or had any virtual currency transactions or Interests. Form 1040 Page 1 and 2 . Foe Disclosure, Poivacy Act, and Papermoek Reduction Act Notice, see separate instructions. Cat. Na. 113200 Form 1040(2021) PURPDSE OTHER THAN EDUCATIONAL. 92022 McGraw-thi Education. Form 1040 Page 1 and 2. Form 1040 Schedule 1. Demarco and Janine Jackson have been married for 20 years and have four children (no children under age 6 at yearend) who qualify as their dependents (Damarcus, Jasmine, Michael, and Candice). The couple recelved salary income of $104,000 and qualified business income of $11,000 from an investment in a partrership, and they sold their home this year. They initially purchased the home three years ago for $205,000 and they sold it for $255,000. The gain on the sale qualified for the exclusion from the sale of a principal residence. The Jacksons incurred $16,700 of itemized deductions. and they had $4,000 withheld from their paychecks for federal taxes. They are also allowed to claim a chilid tax credit for each of their chlidren. However, because Candice was 18 years of age at year end, the Jacksons may claim a child tax credit for other qualifying dependents for Candice. (Use the tax rate.schedules.) Complete page 1, page 2, and Schedule 1 of the Jacksons' Form 1040 (use the most recent form availabie). Demarco and Janine Jackson's address is 19010 NW. 135 th Street, Miami, FL. 33054 . Social security numbers: Demarco: 123-45-6789 Janine: 234-56-7890 Son: Damarcus: 345-67-8901 Daughter: Jasmine : 456-7B-9012 Son: Michael: 567-89-0123 Doughter; Candice: 678-90-1234 Enter any non-financial information, (e.9. Names, Addresses, social security numbers) EXACTLY as they appear gnd the order in Which they appear in any given information or Problem Statement. Input all the values as positive numbers. Usel 2022 tax laws and 2021 tax form. Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount. Nelther Demarco nor Janine wish to contribute to the Presidential Election Campaign fund or had any virtual currency transactions or Interests. Form 1040 Page 1 and 2 . Foe Disclosure, Poivacy Act, and Papermoek Reduction Act Notice, see separate instructions. Cat. Na. 113200 Form 1040(2021) PURPDSE OTHER THAN EDUCATIONAL. 92022 McGraw-thi Education. Form 1040 Page 1 and 2. Form 1040 Schedule 1 Step by Step Solution
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