Interview Notes

Owen, age $69$ and Kimberly, age $64$ elect to file Married Flling Jointly. Neither taxpayer is blind.

Owen is retired. He received Social Security benefits and a pension.

Owen and Kimberly's daughter Shelby, age $20,$ is a full$-$time college student in her third year of study She is pursuing a degree in nursing and does not have a felony drug conviction. She received a Form $1098-$T for $2023.$ Box $7$ was not checked on her form $1098-$T for the previous tax year.

Shelby spent the summer at home with her parents but lived in an apartment near campus during the school year

Shelby received a scholarship that paid the full tuition. Owen and Kimberly paid the cost of course$-$related books in $2023$ not covered by scholarship. They paid $$120$ for a parking sticker, $$5,500$ for a meal plan, $$850$ for textbooks purchased at the college bookstore, and $$200$ for access to an online textbook.

Owen and Kimberly paid more than half the cost of maintaining a home and support for Shelby

Owen and Kimberly do not have enough deductions to litemize on their federal tax retum.

Owen, Kimberly, and Shelby are US citizens and have valid Social Security numbers. They all lived in the United States for the entire year

If Owen and Kimberly receive a refund, they would like to deposit it into their checking account. Documents from Baldwin Bank show that the routing number is $111000025.$ Their checking account number is $11337890$

Owen and Kimberly's standard deduction is:

$.513,850$

b$.$ $$15,350$

C $$27,700$

d$.$ $$29,200$