of 324,000 for married filing jointly applies.) tax form. Liam McKenzie is single, graduated from is preparing to file LO3 6. Choosing and prepari ng an individual college in 2018 and began work as a systems analyst in July of that year. e his income tax return for 2018 and has collected the financial information sh calendar year A blank Form 1040 and Schedule 1 may be obtained at www.lRs.gov shown below for that Scholarship used to pay tuition 5,750 Scholarship used to pay room and board 1,850 Salary 55,000 Interest income 185 Potential itemized deductions 3,000 Income taxes withheld 2,600 a. Prepare Liam's 2018 tax return, using a $12,000 standard deduction and the tax rates given in Exhibit 3.3. b. Prepare Liam's 2018 tax return using the data in part a along with the following information: IRA contribution $5,000 Cash dividends received 150 of 324,000 for married filing jointly applies.) tax form. Liam McKenzie is single, graduated from is preparing to file LO3 6. Choosing and prepari ng an individual college in 2018 and began work as a systems analyst in July of that year. e his income tax return for 2018 and has collected the financial information sh calendar year A blank Form 1040 and Schedule 1 may be obtained at www.lRs.gov shown below for that Scholarship used to pay tuition 5,750 Scholarship used to pay room and board 1,850 Salary 55,000 Interest income 185 Potential itemized deductions 3,000 Income taxes withheld 2,600 a. Prepare Liam's 2018 tax return, using a $12,000 standard deduction and the tax rates given in Exhibit 3.3. b. Prepare Liam's 2018 tax return using the data in part a along with the following information: IRA contribution $5,000 Cash dividends received 150