Please complete the 2014 federal income tax return for Joseph and Diana Cohen.

Diana Cohen received the following revenue during the year (she uses the cash method of accounting).

Consulting revenue reported to her on a Form 1099-MISC, Box 7

High-end Retail $32,000

Jensens Health Products $8,500

Strategic Solutions $3,750

Board of director compensation reported to her on a Form 1099-MISC, Box 7

Natural Sunshine, Inc. $6,500

During the year, Diana paid the following business expenses:

Consultant-related:

Airfare $2,800

Hotel $1,450

Meals $390

Parking $320

Diana drove 290 business miles for her consulting-related activities (she has documentation to verify)

Board of Director-related:

Meals $115

Hotel $225

Diana drove 315 business miles for her board of director activities (she has documentation to verify)

Neither of Dianas business activities s required the filing of Form(s) 1099 to report payments she made during the tax year. In addition, Ms. Cohen drove a 2012 Lexus purchased on January 1, 2012 for all of her business mileage. She drove the vehicle a total of 10,605 miles during the year for all purposes. Diana has written documentation to support the mileage amounts. She also has access to another vehicle for personal purposes.

The Cohens received a New Jersey state income tax refund of $400 in May of 2014. The Cohens received the refund because they had overpaid their New Jersey state individual income tax in 2013. On their 2013 Federal income tax return, the Cohens deducted and received tax benefit for all of the state tax income taxes they paid in 2013.