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PART 5- coMPREHENSIVE TAx RETURN (40 Points) Hav taxpayer information for Stan and Francine smth They have two children, SS M179-83-1982 (dat of birth April

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PART 5- coMPREHENSIVE TAx RETURN (40 Points) Hav taxpayer information for Stan and Francine smth They have two children, SS M179-83-1982 (dat of birth April 2, age 12, SS birth January 30, 2007), age g. Both are full time students who lived with Stan & Francine. Stan & Francine provided all of their children's support very cousins Roger smith, ssa 932 (date of birth September 7, 1982) and Bullock, SSa 186-75-1997 (date of birth February 3. 1978) also reside with the Smith family. Roger and Avery are both self-supporting SS (date of birth August 3. 1967), is a self-employed psychiatrist He uses the accrual method of accounting. His principal business code number is 677569. His business address is 145 East 49 Street, New York, N.Y., 10021. During 2016, he had the following income and expenses $696.047 Psychiatric Fees Earned $45,057 Accounting Fees $42.176 Malpractice Insurance $60,682 Utilities $20.580 Travel (2,658 business miles driven) $6,243 Meals & Entertainment $9.686 Legal Fees $37,771 Interest on business loan $9.567 Office Expenses $21.755 Rent on office space $136,074 Taxes & Licenses $65,450 Bad Debts $4,152 Salaries to employees $170,035 Advertising $37,160 Francine. ss 154-13-5826, (date of birth September 17, 1969), is a professor at Queens College. The College is located at 65-30 Kissena Boulevard, Flushing, NY. The Smiths reside at 471 Mackenzie Street, Brooklyn, NY, 11235 Stan paid the following estimated taxes 1) Federal Income Tax: $3.259 per quarter 2) State Income Tax: $2,058 per quarter 3) Local Income Tax $1.354 per quarter Francine's 2016 salary and tax information is as follows: 1) Her salary amounted to $77.061 2) Her Federal Tax Withheld amounted to $5.335

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