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Please complete a tax return using sheets below and the information given e Problems and Beulah will file a joint return for 2018. Alfred's Social

Please complete a tax return using sheets below and the information given image text in transcribed
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e Problems and Beulah will file a joint return for 2018. Alfred's Social Security number is 111-11 1112. Beulah's Social Security number is 123-45-6789, and she adopted "Old" as married name. They live at 211 Brickstone Drive, Atlanta, GA 30304 58. Alfred E. Old and Beulah A. Crane, each age 42, married on September 7, 2016. A Alfred was divorced from Sarah Old in March 2016. Under the divorce agreement Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2018. In addition, in January 2018, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2018 is $150,000, and his employer, Cherry, Inc. (Federal ID No. 98-7654321), provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law Inc. (Federal L.D. No. 11-1111111), as a public defender. She receives a salary of $42,000 in 2018. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. school and is employed by Legal Aid Society Alfred and Beulah had interest income of $500. They receive a $1,900 refund on their 2017 state income taxes. They itemized deductions on their 2017 Federa income tax return (total of $15,000). Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2018. Their charitable contri butions total $2,400 (all to their church). They paid sales taxes of $1,400, for whic they maintain the receipts. Both spouses had health insurance for all months of 2011 and do not want to contribute to the Presidential Election Campaign. Compute the Olds' net tax payable Cor refund due) for 2018. If you use tax form for your solution, you will need Form 1040 and Schedules A and B (if available

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