Practical Problem I

Andrs Andrade Andreu (#588-87-8685) is married and an architect by profession for the

who received a salary of $75,000; he is also a veteran. His wife Carla Mercado

Mercado (#588-87-8686) is a teacher and received a salary of $25,000. Both reside

at #67 Calle Tulipn, Urb. La Victoria in the town of San Juan, Puerto Rico

00936.

Both were born on January 1, 1972.

The W-2 reflects the following information:

Andrew's W-2:

Salary: $75,000

Revenue contribution: $1,500

Social Security: $4,650

Medicare: $1,087.50

Name of the patron: Arquitectos Acme

Address of the employer: Ave. Rosario 55 San Juan, PR 00936

Employer phone: 787-331-9400

EIN (Employer Identification Number): 66-5556478

Num. Control: 003653692

Num. Electronic Filing: W745645

Carla's W-2:

Salary: $25,000

Income contribution: $500.00

Social Security: $1,550

Medicare: $362.50

Name of employer: Department of Education

Address of the employer: Ave. Education 55 San Juan, PR 00936

Employer phone: 787-777-9400

EIN (Employer Identification Number): 66-5556479

Num. Control: 003653693

Num. Electronic Filing: W745646

The taxpayer made the following personal payments during the year 2019:

Interest mortgage loan BPPR (#3558898)... ............... 23,500

Medical expenses (Hospital Cura Cara).... ................................ 21,500

Donations to the Church of the Neighborhood.... ................................................ 12,000

Contributions to IRA BPPR (#3215545444) 7,500

BPPR Information:

a. Banco Popular, whose employer identification number is 66-3671239

b. Loan number: 18123456

c. Loan Balance: $190,000

d. Payment period: 360 months.

and. No. Control: 003653699

f. No. Electronic Filing: W745649

Additional information:

Other Income:

Rent of building in Old San Juan......................................................................................................................

Traditional Lottery Prize.......................................... ........ 50,000

- The taxpayer has 2 sons 17-year-old daughter who studies in high school (Mara Andrade

Mercado 583-93-1111, born on 4/1/2003) and 26-year-old son who does not study and works part-time for

$6,000 a year. (Jos Andrade Mercado 583-93-1112 and was born on 4/1/1994)

Required:

Complete the Single Form with all the required annexes