Noah and Joan Arc's Tax Return Noah and Joan Arc live with their family at 4342 Josie Jo, Santee, CA 92071 Noah's Social Security number is 434 11 3311 Joan's is 456 87 5432 Both are in their mid 30s and enjoy good health and eyesight Noah owns and operates a pet store and Joan is a fire fighter for the city The Arcs have two children, a son named Billie Bob (Social Security number 598 01 2345), who is 7 years old, and a daughter named Mary Sue (Social Security number 554 33 2411), who is 4 years old The Arcs paid $3,200 to the Roundup Day Care Center to take care of Mary Sue while they worked Because Joan is a firefighter, she was home in the afternoon to care for Billie Bob after school 2 For the current year, Joan's W 2 from the city fire department is located Noah made estimated federal income tax payments of $12,000 and estimated state income tax payments of $1,020 during the current year fPolitical contributions $ 250 Church donations (for which a written acknowledgment was received) 2,625 Real estate taxes on their home 1,350 Medical Fees 7'00 Mortgage interest for purchase of home See Form 1093 (Page D S) Tax return preparation fees 350 Credit card interest 220 Automobile insurance premiums 600 Uniforms for Joan 125 fRent income See 1099 MISC (Page D 5) Insurance $ 5 5 Interest expense 6,8 0 Property taxes 1,000 Miscellaneous expenses 60 0 Depreciation the house was acquired in 1992) 3,000

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 27, 2024

Noah and Joan Arc's Tax Return Noah and Joan Arc live with their family at 4342 Josie Jo, Santee, CA 92071. Noah's Social Security number

Noah and Joan Arc's Tax Return

Noah and Joan Arc live with their family at 4342 Josie Jo, Santee, CA 92071. Noah's Social Security number is 434-11-3311; Joan's is 456-87-5432. Both are in their mid-30s and enjoy good health and eyesight. Noah owns and operates a pet store and Joan is a fire-fighter for the city.

The Arcs have two children, a son named Billie Bob (Social Security number 598-01-2345), who is 7 years old, and a daughter named Mary Sue (Social Security number 554-33-2411), who is 4 years old. The Arcs paid $3,200 to the Roundup Day Care Center to take care of Mary Sue while they worked. Because Joan is a firefighter, she was home in the afternoon to care for Billie Bob after school.

2. For the current year, Joan's W-2 from the city fire department is located. Noah made estimated federal income tax payments of $12,000 and estimated state income tax payments of $1,020 during the current year.

\fPolitical contributions $ 250 Church donations (for which a written acknowledgment was received) 2,625 Real estate taxes on their home 1,350 Medical Fees 7'00 Mortgage interest for purchase of home See Form 1093 (Page D-S) Tax return preparation fees 350 Credit card interest 220 Automobile insurance premiums 600 Uniforms for Joan 125 \fRent income See 1099-MISC (Page D-5) Insurance $ 5?5 Interest expense 6,8?0 Property taxes 1,000 Miscellaneous expenses 60-0 Depreciation {the house was acquired in 1992) 3,000