Prepare a 2015 Form 1040 using any software you want. (including schedule a,b,c )

Prepare a 2015 individual tax return using the following fact pattern. Compute net tax payable or refund due for Alice and Bruce Byrd for 2015. If they have overpaid, they want the amount to be refunded to them. Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their social security numbers are 123-45-6789 and 111-11-1111, respectively. Alice's birthday is September 21, 1968 and Bruce's is June 27, 1962. They live at 473 Revere Avenue, Newtown, NY 10187. Alice is the office manager for Ames Dental Clinic, 433 Broad Street. Newtown, NY 10187(employer identification number 987654321). Bruce is the manager of a Super Burgers fast-food outlet owned and operated by Plymouth Corporation, 1247 Central Avenue, Hauppauge, NY 11788(employer identification number 11-1111111) The following information is shown on their Wage and Tax Statements (Form W-2) for 2015. Line 1. 2. 3. 4. 5. 6. Description Alice Bruce Wages, tips and other compensation Federal income tax withheld Social Security wages Social Security tax withheld Medicare wages and tips Medicare tax withheld $52,600 4,180 52,600 3,261 52,600 763 $61,500 5,990 61,500 3,813 61,500 892 15. State 16. State wages, tips, etc. 17. State income tax withheld NY NY 52,600 61,500 2,280 2,990 The Byrds provide over half of the support of their two children, Cynthia (born January 15, 1991, Social Security number 123-45-6788) and John (born February 7, 1995, Social Security number 123-45-6786). Both children are full-time students and live with the Byrds except when they are away at college. Cynthia earned $3,700 from a summer internship in 2015, and John earned $3,400 from a part-time job. During 2015, the Byrds furnished 60% of the total support of Bruce's widower father, Sam Byrd (born March 6, 1934, Social Security number 123-45-6787). Sam lived alone and covered the rest of his support with his social security benefits. Sam died in November and Bruce, the beneficiary of a policy on Sam's life, received life insurance proceeds of $600,000 on December 28 th. The Byrds had the following expenses relating to their personal residence during 2015: Property taxes Qualified interest on home mortgage Repairs to roof Utilities Fire and theft insurance $4,720 9,130 4,780 3,810 2,290 The following facts relate to medical expenses for 2015: Medical insurance premiums Doctor bill for Sam incurred in 2014 and not paid until 2015 Operation for Sam Prescription medicines for Sam Hospital expenses for Sam Reimbursement from insurance company, received in 2015 $4,380 7,760 7,310 860 2,850 3,000 Other relevant information follows: When they filed their 2014 state return in 2015, the Byrds paid additional state income taxes of $950. During 2015, Alice and Bruce attended a dinner dance sponsored by the Ames Police Disability Association (a qualified charitable organization) The Byrds paid $400 for the tickets. The cost of comparable entertainment would normally be $160. The Byrds contributed $4,800 to Ames Presbyterian Church and gave used clothing(cost of $1,100 and fair market value of $450) to the Salvation Army. All donations are supported by receipts and are in very good condition. In 2015, the Byrds received interest income of $2,695, which was reported on a Form 1099-INT from Second National Bank. Alice's employer requires that all employees wear uniforms to work. During 2015, Alice spent $482 on new uniforms and $211 on laundry charges. Bruce paid $320 for an annual subscription to the Journal of Franchise Management. Neither Alice's nor Bruce's employer reimburses for employee expenses. The Byrds do not keep the receipts for the sales taxes they paid and had no major purchases subject to sales tax. Alice and Bruce paid no estimated Federal income tax. Neither Alice nor Bruce wishes to designate $3 to the Presidential Election Campaign Fund. Instructions: Prepare a 2015 Form 1040. All corresponding schedules are required. The return may be prepared with any tax software as long as it is current. It must be typed. 1