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Please Complete a tax return with the following information. The more details you can provide, then better! 1. James Carlson (birthday 2/17/70) is employed as

Please Complete a tax return with the following information. The more details you can provide, then better!

1. James Carlson (birthday 2/17/70) is employed as a manager for Blacklist Inc., and Jill (birthday 8/12/70) is a graphic designer for an advertising company, Ralston, Inc.

2. For 2014, James received a Form W-2 from Blacklist, Inc. that contained the following information: Wages $60,000; federal income tax withheld $8500; social security tax $3720; Medicare tax withheld $870; state income tax withheld $2300

0. For 2014, Jill received a Form W-2 from Ralston Investments, Inc. that contained the following information: Wages $70,000; federal income tax withheld $11,500; social security tax $4340; Medicare tax withheld $1015; state income tax withheld $4100

1. They incurred the following medical expenses for the year: Transportation to cancer specialty clinic 2,000 miles Unreimbursed hospital charges for James $6,500 Unreimbursed prescription drugs for James and Jill $1, 700 Unreimbursed doctor visits for Jill $2,200 Over-the-counter allergy medication for Jill $ 250 Surgery to reshape Jills nose (she wanted a smaller nose) $2,000

2. During the year they paid $12,000 of interest payments on the original debt of their primary residence. Also, during the year they borrowed $50,000 against the equity of their home and paid $2000 in equity interest. At the time of the loan, the fair market value of their home was $200,000 and they still owed $175,000 on the acquisition debt. They also paid $1,750 of interest expense on Jill's car loan and $500 of interest on their American Express card.

3. They paid $4,000 of real estate taxes on their home and $1,000 of real estate tax on a vacant lot they purchased with the hope of building their dream home in the future. They also paid $3,000 in sales tax on Jill's car and other purchases and $1,000 of property tax on their cars.

4. Their contributions for the current year: American Red Cross $200 United Way $150 Church of God $8,000 Food for local family in need $ 350 Stock transfer to local university (originally purchased for $1200 in 2005, current fair market value $750)

5. James incurred $4,000 of unreimbursed meals and entertainment related to his job. Jill incurred $1,200 of expenses for investment publications, and last year they paid their CPA $500 to prepare their tax return.

6. During the year, Jill was involved in an auto accident. The other driver had to pay for her medical bills of $1450 and $500 for emotional distress.

7. James won $5,000 in the state lottery. He has been playing the lottery for years ($10 in lottery tickets every week ($520 in total) that he saves to keep track of the numbers he plays).

8. During the year, they sold 40 shares of common stock they had purchased five years ago at $75 per share. The stocks were sold for $90 per share. They paid a total of $50 in commissions.

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