Kelly and Chanelle Chambers, ages 47 and 45, are married and live at 584 Thoreau Drive, Boston, MA 59483. Kellys Social Security number is 111-11-1111 and Chanelles is 222-22-2222. The Chambers have two children: Emma, age 23, and Chet, age 19. Their Social Security numbers are 333-33-3333 and 444-44-4444, respectively. Emma is a single college student and earned $8,000 during the summer. Kelly and Chanelle help Emma through school by paying for her room, board, and tuition. Emma lives at home during the summer. Chet has a physical handicap and lives at home. He attends a local university and earned $4,000 working for a marketing firm. In sum, Kelly and Chanelle provide more than 50% of both Emmas and Chets.

Forms you will need

Form 1040 Individual Tax Return.

Schedule A Itemized deductions.

Schedule B Interest & Dividends.

Schedule C Sole proprietorship business (2) One for each business.

Schedule D Capital Gains.

Schedule SE Self-employment tax (2) if needed. Only needed if the business had a profit.

PLEASE PLEASE PLEASE USE THE IRS FORMS FOR 2021