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John and Jane Doe are married retired taxpayers who care for their three-year-old grandson. The following information was provided to you as documentation necessary to

John and Jane Doe are married retired taxpayers who care for their three-year-old grandson. The following information was provided to you as documentation necessary to prepare their 2017 tax return. You will gather the appropriate information and complete the forms provided in Blackboard (1040, Schedule A, Schedule B and Schedule D) in preparation of their tax file. Please note that the forms provided may not match the tax year of the course, as IRS forms are not available until just before the start of the filing season, and this course generally is approximately a year ahead of the actual form releases. Therefore, do not worry about the year on top of the forms, but utilize information for the current year of the textbook in use for this course when determining deduction amounts, exemption amounts, and tax rates. Taxpayer: Name: John Doe DOB: 6/29/1950 SSN: 555-12-3456 Spouse: Name: Jane Doe DOB: 7/4/1948 SSN: 555-65-4321 Dependent: Name: Jimmy Doe DOB: 1/12/2014 SSN: 555-68-9101 Mailing Address: 12345 Any Street Los Angeles, Ca 90124 In addition to the attached documents (see TRP 2 Additional Documents.docx), the taxpayer provided the following information: Deductions Prescription Medication: $638 Doctors Visits: $2,904 Insurance Premiums out of pocket (not including Medicare premiums deducted from social security): $5,125 Medical Miles Driven: 410 Deductible DMV registration fees: $170 Income: Received a gift from Janes mother, $12,000 Sold Stock with a basis of $10,000 for $13,500. Held the stock for more than one year Sold stock with a basis of $5,000 for $5,500. Held the stock for less than one year. Finally, all three members of the family had qualifying health insurance for the entire year. Please download and complete the four (4) attached forms (1040.pdf, Schedule A.pdf, Schedule B.pdf, Schedule D.pdf). Once completed, please submit all four (4) forms via the link provided. Note that this is the Critical Assignment and is due by 11:00 p.m. (PT) of Week 8, Day 5.

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