Question
John and Shannon OBanion, who live at 3222 Pinon Drive, Mesa, CO 81643, file as married filing jointly. Johns social security number is 412-34-5670 (date
John and Shannon OBanion, who live at 3222 Pinon Drive, Mesa, CO 81643, file as married filing jointly. Johns social security number is 412-34-5670 (date of birth 5/12/1982), and Shannons is 412-34-5671 (date of birth 11/3/1984).
Johns W-2 contained the following information:
Wages (box 1) | = | $66,346.74 |
Federal W/H (box 2) | = | $5,224.75 |
Social security wages (box 3) | = | $66,346.74 |
Social security W/H (box 4) | = | $4,113.50 |
Medicare wages (box 5) | = | $66,346.74 |
Medicare W/H (box 6) | = | $ 962.03 |
Shannon did not work for the year due to a medical condition but did receive unemployment compensation of $2,711 for the year with federal withholding of $340.25. In the same year, they had the following medical costs:
Shannons prescribed diabetes medication | $ 4,250 |
Shannons hospital charges | 9,350 |
Shannons regular physician visits | 835 |
Shannons eye doctor | 75 |
Shannons diabetes blood testing supplies | 685 |
Insurance reimbursements | 1,925 |
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In addition, they had the following other expenses:
State income taxes | $4,950 |
Real estate property taxes | 4,170 |
Car loan interest | 500 |
Personal property taxes | 765 |
Cash charitable contributions | |
(made ratably throughout the year to their church) | 2,135 |
Mortgage interest expense | 9,970 |
Union dues for John | 575 |
Tax preparation fees | 175 |
Prepare a Form 1040 with a Schedule 1 and Schedule A for the OBanions using any appropriate worksheets.
Need Schedule 1 Additional Income and Adjustments to Income form
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