Question
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.
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
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.
Question: How would you fill out a 1040, Schedule A, Schedule B, and Schedule D with this information?
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