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Norman and Leslie Beber are married and file a joint return in 2 0 2 0 . They live at 1 2 3 4 5
Norman and Leslie Beber are married and file a joint return in They live at Hemenway Avenue, Marlborough, MA Norman is a selfemployed tax preparer and his SSN is Leslie is a software programmer and her SSN is She had the following income and expenses for the year:
Leslie's W:
Gross wages $
Social security tax
Medicare tax
Federal withholding tax
State withholding tax
Norman was the sole proprietor of NAMA Tax Service. His business is located at Main Street, Marlborough, MA and his business code is He had the following revenue and expenses Cash basis:
Revenue $
Expenses:
Advertising
Insurance
Telephone
Office rent
Utilities
Office supplies
Depreciation must be allocated to the assets listed next
Norman had the following business assets:
Office furniture: Purchased for $ on May The equipment is being depreciated over sevenyear MACRS declining balance. Norman sold it on May for $
Office equipment: Purchased a copier for $ on January The copier is being depreciated over fiveyear MACRS declining balance. Norman makes no elections for or bonus depreciation.
Computer and equipment: Purchased a computer system for $ on January The computer is being depreciated over fiveyear MACRS declining balance. Norman makes no elections for or bonus depreciation.
Norman and Leslie had the following other sources of income and deductions:
Interest from a CD in the amount of $
Longterm loss carryover from of $
Real estate taxes of $
Home mortgage interest of $
Charitable contributions in cash over the year of $; all receipts and acknowledgments were received from the charitable organizations.
Norman has made four quarterly installments of $ each as estimated taxes for All estimated tax payments were paid by the due date using the ES coupons.
Required:
Prepare Form and all related schedules, forms, and worksheets for Norman and Leslie Beber for The Bebers do not donate to the presidential election campaign. Instructions can be found on certain cells within the forms. List the names of the taxpayers in the order in which they appear in the problem. Indicate losses with minus sign and enter all other values as positive amounts. Round your intermediate calculations to decimal places and final answers to the nearest whole dollar amount.
Use the appropriate Tax Tables, Tax Rate Schedules and Depreciation Tables.
I need forms and and Schedules A C D and SE
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