Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jose and Dora Hernandez are married filing jointly. They are 50 and 45 years old, respectively. Their address is 32010 Lake Street, Atlanta, GA 30294.

Jose and Dora Hernandez are married filing jointly. They are 50 and 45 years old, respectively. Their address is 32010 Lake Street, Atlanta, GA 30294. Additional information about Mr. and Mrs. Hernandez is as follows:

Social security numbers:
Jose: 412-34-5670 Dora: 412-34-5671
Date of birth: 4/23/1967 Date of birth: 7/12/1972
W-2 for Jose shows these amounts: W-2 for Dora shows these amounts:
Wages (box 1) = $ 45,800.00 Wages (box 1) = $ 31,000.00
Federal W/H (box 2) = $ 6,160.00 Federal W/H (box 2) = $ 3,650.00
Social security wages (box 3) = $ 45,800.00 Social security wages (box 3) = $ 31,000.00
Social security W/H (box 4) = $ 2,839.60 Social security W/H (box 4) = $ 1,922.00
Medicare wages (box 5) = $ 45,800.00 Medicare wages (box 5) = $ 31,000.00
Medicare W/H (box 6) = $ 664.10 Medicare W/H (box 6) = $

449.50

Form 1099-INT for Jose and Dora shows this amount:

Box 1 = $300.00 from City Bank.

Dependent: Daughter Adela is 5 years old. Her date of birth is 3/15/2012. Her social security number is 412-34-5672.

Jose is a store manager, and Dora is a receptionist.

Prepare the tax return for Mr. and Mrs. Hernandez using the appropriate form. They are entitled to a $1,000 child tax credit (this credit is discussed in Chapter 9). For now, enter the credit on the appropriate line of the form. Both Jose and Dora want to contribute to the presidential election campaign. Mr. and Mrs. Hernandez had qualifying health care coverage at all times during the tax year. (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers.)

Use the appropriate Tax Tables:

http://lectures.mhhe.com/connect/cruz11e_1259713733/2017_tax_table.pdf

Please show on the images below exactly where and what to input You can input in the spaces marked with the little blue arrow on the left: https://snag.gy/JBf8hW.jpg

https://snag.gy/ge5cR1.jpg

https://snag.gy/VFCD79.jpg

https://snag.gy/fDwC1h.jpg

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+ (c) Show that the space is complete.

Answered: 1 week ago