Larry and Lisa Gonzaleses

The Gonzaleses do not want to contribute to the presidential election campaign.

The Gonzaleses live at 621 Franklin Avenue, Cincinnati, Ohio 45211.

Larrys birthday is 3/5/1969 and his Social Security number is 333-45-6666.

Lisas birthday is 4/24/1971 and her Social Security number is 566-77-8888.

The Gonzaleses do not have any foreign bank accounts or trusts.

ITEMIZED DEDUCTION

Gonzaleses have given you a file containing the following receipts for expenditures during the year:

Prescription medicine and drugs (net of insurance reimbursement)	$ 2,376
Doctor and hospital bills (net of insurance reimbursement)	2,160
Parking fine on business trip	15
Real estate taxes on personal residence	2,762
Interest on home mortgage (paid to Home State Savings & Loan)	15,950
Interest on credit cards (consumer purchases)	595
Cash contribution to St. Matthews church	8,080
Payroll deductions for Lourdess contributions to the United Way	1,150

Larry works for a silk company where he processes spider silk for experimental parachutes. He earned 56,000 for his salary with the employer withholding federal income tax of $3,224, state income tax of $800, Social security tax of $3,472, and Medicare tax of $812. He also worked for Delta Airlines where he earned $18,000 in salary, withheld federal income tax of $520, state income tax of $300, Social security tax of $1,116 and Medicare tax of $261.

Lisa has a DBA business Lime Light Hair Fashions. Her business is located at 645 West Avenue, Cincinnati, Ohio 45211, and her employer identification number is 01-2222222. Lisas gross receipts during the year were $50,000. She did not receive any Form 1099s, and She did not have a requirement to file any Form 1099s for any payee. Lisa uses the cash method of accounting for her business. Lisas business expenses are as follows:

Advertising	$ 100
Professional dues/Subscription to magazine	45
Malpractice insurance	1,000
Accounting services	500
Office rent	9,600
Utilities and telephone	2,900
Wages	12,000

The Gonzaleses have a property as rental property and have managed it themselves. Address 12 Montegue Lane, Carrot, NC 23432. From July 30, 2016 until June 30, 2021, they rented the house to the same tenant. The tenant was transferred to a branch office in California and moved out at the end of June. Since they did not want to bother finding a new tenant, thet sold the house on June 30, 2021. The Gonzaleses collected rent of $2,000 a month during the six months the house was occupied during the year. You may assume that the rental activity is considered an investment activity (not a trade or business). They incurred the following related expenses during this period:

Property insurance	$1,600
Depreciation MACRS	$9091
Property taxes	2,300
Maintenance	455

The Gonzaleses made timely estimated federal income tax payments of $2,500 each quarter during 2021. They also made estimated state income tax payments of $1,200 each quarter. The Gonzaleses made all fourth-quarter payments on December 31, 2021. They would like to receive a refund for any overpayments.

The Gonzaleses did not buy, sell, exchange, or otherwise dispose of any financial interest in any virtual currency.

PLEASE USE THE FOLLOWING INFORMATION TO FILL OUT A FEDERAL 1040 FORM. ( THEY ARE MARRIED FILING JOINTLY, PLEASE FINISH ASAP).