Please read the case below:

Taxpayer Information:

Name: Bryan Jones

Address: 1200 Main St.

Green Bay, Wisconsin 12345

DOB: 5/6/1976

Filing Status: Single

SSN: 500-10-2000

Occupation: Staff Accountant

INCOME INFORMATION:

Wages and Compensation

The following information is taken from Bryan Jones 2017 Form W-2 Wage and Tax Statement:

Box 1 Wages, tips, and other compensation	52,000
Box 2 Federal Withholding	8,750
Box 17 State Income Tax Withholding	1,000

Interest and Dividends

Bryan has some Certificates of Deposits are Main Street bank which yielded 3,750 in interest in

2017. In addition, Bryan has interest income from municipal bonds in the amount of 1,250.

Also, Bryan received $2100 in qualified dividends from Plum Electronic Co.

Profit/Loss from Business

Bryan has a part-time accounting services business. In 2017, his income and expenses are as f follows:

Service Revenue 7,000

Office Expense 500

Advertising 750

Capital Gains

Bryan had the following stock transactions in 2017:

He sold 1,000 shares of Apex Co. for $ 12,000 on June 7, 2016, which he purchased on April 1, 2014 for 25,000. In addition, he sold 750 shares of Velocity Inc. for $10,000 on September 1, 2016, which he purchased on December 1, 2015 for $5,000.

Rental Real Estate

Bryan owns a rent house which he purchased on July 1, 2014. The income and expenses of the rental real estate unit for 2017 are as follows:

Rental income $12,000

Property taxes $1,500

Depreciation $1,000

Repairs and Maintenance $750

Insurance $2,000

Other Transactions in 2017

1. Bryan received a gift of $4,000 from his brother.

2. Bryan paid $3,000 for the year in alimony to his ex-wife, per divorce decree.

3. Bryan had gambling winnings of $1,000.

4. Bryan was the beneficiary of his mothers life insurance policy.

His mother died in 2017 and he received $50,000 under this policy.

With the above information please Complete the form below:

Filing Status

1. Single

4.Head of Household (with qualifying person.) (See instructions.) If

Check only one box

2.. married filing jointly

the qualifying person is a child but not your dependent, enter this

3. Married filing separately. Enter spouse's SSN above

child's name here

and full name here.

5. Qualifying Window(er) with dependent child

Exemptions

6a Yourself. If someone can claim you as a dependent, do not check box 6a

]

Boxes checked

b spouse

]

on 6a and 6b

If more than four

c. Dependents

dependents, see

(1) First name

Last name

(2) dependents

(3) dependents

(4) check if child under age 17

No. of children

instructions and

social security number

relationship to you

qualifying for tax credit see

on 6c who:

check here

instructions.

lived with you

did not live with you

due to divorce or

separation

(see instructions)

Dependents on

6c not entered

above

d. Total number of Exemptions Claimed

Add numbers on lines above

Income

7

Wages, salaries, tips, etc. Attach Forms (W-2)

7

8a

Taxable interest. Attach Schedule B if required

8a

Attach Form(s)

b

Tax-exempt interest. Do not include on line 8a

8b

W-2 here. Also

9a

Ordinary dividends. Attach Schedule B if required

9a

attach Forms(s)

b

Qualified dividends

9b

W-2 and 1099-R

10

Taxable refunds, credits, or offsets state or local income taxes

10

if tax was withheld.

11

Alimony received

11

12

Business income or (loss). Attach Schedule C or C-EZ

12

If you did not

13

Capital gain or (loss). Attach Schedule D if required. If not required, check here

13

get a W-2,

14

other gains or (losses). Attach Form 4797

14

see instructions

15a

IRA distributions

15a

b Taxable amount

15b

16a

Pensions and annuities

16a

b Taxable amount

16b

17

Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E

17

18

Farm income or (loss). Attach Schedule F

18

19

Unemployment compensation

19

20a

Social security benefits

20a

b Taxable amount

20b

21

other income. List type and amount

21

22

combine the amounts in the far right column for lines 7 through 21. This is your total income

This is your total income.

22

Adjusted

23

Educator expenses

23

Gross

24

Certain business expenses of reservists, performing artists, and fee-basis government. Attach Form 2106 or 2106-EZ

24

Income

25

Health-savings account deduction. Attach Form 8889

25

26

Moving Expenses. Attach Form 3903

26

27

Deductible part of self-employment tax. Attach Schedule SE

27

28

Self-employed SEP, SIMPLE, and qualified plans

28

29

Self-employed health insurance deduction

29

30

Penalty on early withdrawal of savings

30

31a

Alimony paid b. Recipient's SSN

31a

32

IRA deduction

32

33

Student loan interest deduction

33

34

Tuition and fees. Attach Form 8917

34

35

Domestic production activities deduction. Attach Form 8903

35

36

Add lines 23 through 35

36

37

Subtract line 36 from line 22. This is your adjusted gross income.

37