Please complete the required federal individual income tax return forms for the following taxpayer. Please complete her 2015 tax return. Ignore the requirement to attach the form(s) W-2 to the front page of the Form 1040. Also, if required information is missing, use reasonable assumptions to fill in the gaps.

Carson Miller is your client. Carson and her now ex-husband Mitchell were legally divorced on January 30, 2015. As of the end of year, Carson did not remarry. Carson and Mitchell have two children, an 8 year old daughter named Samantha and a 16 year old son named Jamal. As part of the divorce decree, Carson was given custody of Samantha and Jamal. Mitchell was required to pay the following during 2015:

$20,350 for the care of Samantha and Jamal

$25,350 to Carson for the next ten years. If Carson dies during this time, these payments will cease.

In addition to these payments, Carson received the following assets in the divorce settlement:

Mitchells interest in the family home. His interest was valued at $350,000. They purchased the home ten years ago for $200,000.

Stock investments worth $100,000. The couple purchased these stocks at various times during the marriage. The stocks have a cost basis of $25,000.

The couples rental home valued at $225,000. The couple purchased the rental home in 2010 for $175,000.

Carson rents a home (separate from Mitchell) that she pays for herself. Samantha and Jamal both live with Carson most of the time but visits and stays with their father every other weekend and most holidays. During the year, the children stayed at Mitchells house a total of 74 nights.

The following information relates to Carson Millers tax year:

Carson Millers social security number is 005-75-9321

Samanthas social security number is 356-67-5344

Jamals social security number is 456-92-1874

Carson Millers mailing address is 1921 Oakland Drive, Elkridge, Maryland 59656

Samantha is a U.S .citizen

Jamal is a U.S. citizen

Carson Miller Johnson received the following income during the year:

Company	Gross Wages	Federal Income Tax Withholding	State Income Tax Withholding
Boykin and Duff Law Firm	$128,750	$43,750	$9,650

All applicable and appropriate payroll taxes were withheld by the employer.

During the year, Carsons mother assisted her with her legal bills related to the divorce. She deposited into her bank account $12,560. In addition, Carson was a beneficiary on her fathers life insurance policy. She received $65,000 from this policy upon her fathers death in June.

During 2015, Carson received $1,050 on interest on her investment in Richland County, $690 on Sysco bonds and $550 on a Wachovia Certificate of Deposit. She also received $1,250 in dividends on the stock investments she received in the divorce settlement. She was the sole owner of these investments at the time she received the dividends. Carson also sold 25 shares of SCANA Corporation stocks for $75 per share. She purchased the stock in 1995 and paid $25 per share. She paid her broker $275 in fees related to this sale.

Carson Miller is a 65% owner in the real estate firm Oasis Realty, Inc. Oasis Realty, Inc. is a Subchapter S corporation. The company reported net rental income for the year of $55,000. Carson acquired the stock several years ago. Oasis Realty, Inc. employer identification number is 56-3535353.

On December 28^th, Carson closed on the sale of the rental home received in the divorce settlement. The couple purchased the home in 2010 for investment purposes only. One couple has rented the home since 2011. The couple moved out of the rental home three months prior to the sale. The couple paid a total of $14,400 in rental income to Carson Miller during 2015. Carson Miller had the following expenses related to the rental home in 2015:

Repairs $750

Property taxes- $1,350

Property Insurance- $1,950

Home Owners Association Dues- $750

Carson Miller received $285,000 in proceeds related to the sale of the rental home. The funds were available to Carson Miller on December 28^th; however she did not deposit the funds into her bank account until January 4, 2015.

Carson won an all-expenses paid vacation to the Bahamas in May 2015. She entered an online contest and took her children with her on vacation. The total cost of the trip was estimated to be worth $2,750.

Finally, Carson was in terrible automobile accident with her son and daughter. Carson was not at fault and was not injured. However, her son Jamals legs were broken as a result of the accident. Carson settled with the insurance company for $15,000. $10,000 of the settlement was reimbursement for Jamals medical bills. The additional $5,000 was for the emotional distress Carson endured in caring for her injured son Jamal.

Carson Miller did not own, control or manage any foreign bank accounts nor was she a grantor or beneficiary of a foreign trust during the tax year. Carson Miller reported no itemized deductions other than any described above. In addition to her federal withholdings, Carson Miller paid $7,550 in estimated tax payments.

Carson Miller does not want to contribute to the Presidential Election Campaign. She would like to receive a refund (if any) of any tax she may have overpaid for the year. Her preferred method of receiving the refund is by check.