{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T11:09:22-04:00", "answer_date": "2024-05-26 11:09:22", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1736558", "url": "\/study-help\/questions\/prepare-an-income-tax-return-with-all-appropriate-forms-and-1736558", "question_creation_date_js": "2024-05-26T11:09:22-04:00", "question_creation_date": "May 26, 2024 11:09 AM", "meta_title": "[Solved] Prepare an income tax return (with all ap | SolutionInn", "meta_description": "Answer of - Prepare an income tax return (with all appropriate forms and schedules) for the Smiths for 2021 following these guidel | SolutionInn", "meta_keywords": "prepare,income,tax,return,forms,schedules,smiths,2021,guidelines,alice,bruce,m", "question_title_h1": " Prepare an income tax return (with all appropriate forms and schedules) for the Smiths for 2021 following these guidelines: Alice J. and Bruce M.", "question_title": " Prepare an income tax return (with all appropriate forms and schedules)", "question_title_for_js_snippet": "Prepare an income tax return (with all appropriate forms and schedules) for the Smiths for 2021 following these guidelines Alice J and Bruce M Smith 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, 1972, and Bruce's is June 27, 1971 They live at 500 Fortune Avenue, Anytown, CA 91850 Alice is the office manager for Dowell Dental Clinic, 733 Some Street, Anytown, CA 91850 (employer identification number 12 7654321) Bruce is the manager of a Super Burgers fast food outlet owned and operated by Mercury Corporation, 1247 University Avenue, Hauppauge, CA 11788 (employer identification number 11 1111111) The following information is shown on their Wage and Tax Statements (Form W 2) for 2021 Description Line Alice 1 Wages, tips, other compensation $58,000 Bruce $62,100 2 Federal income tax withheld 4,500 6,300 3 Social Security wages 58,000 62,100 4 Social Security tax withheld 3,596 3,850 5 Medicare wages and tips 58,000 62,100 6 Medicare tax withheld 841 900 15 State California California 16 State wages, tips, etc 58,000 62,100 17 State income tax withheld 2,950 3,100 The Smiths provide over half of the support of their two children, Cynthia (born January 25, 1997, Social Security number 123 45 6788) and John (born February 7, 2002, Social Security number 012 45 6786) Both children are full time students and live with the Smiths except when they are away at college Cynthia earned $4,200 from a summer internship at Some Type of Way Promotions in 2021, and John earned $3,900 from a part time job at Richard's Steakhouse ", "question_description": "\"image\"image\"image", "transcribed_text": "Prepare an income tax return (with all appropriate forms and schedules) for the Smiths for 2021 following these guidelines: Alice J. and Bruce M. Smith 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, 1972, and Bruce's is June 27, 1971. They live at 500 Fortune Avenue, Anytown, CA 91850. Alice is the office manager for Dowell Dental Clinic, 733 Some Street, Anytown, CA 91850 (employer identification number 12-7654321). Bruce is the manager of a Super Burgers fast- food outlet owned and operated by Mercury Corporation, 1247 University Avenue, Hauppauge, CA 11788 (employer identification number 11-1111111). The following information is shown on their Wage and Tax Statements (Form W-2) for 2021. Description Line Alice 1 Wages, tips, other compensation $58,000 Bruce $62,100 2 Federal income tax withheld 4,500 6,300 3 Social Security wages 58,000 62,100 4 Social Security tax withheld 3,596 3,850 5 Medicare wages and tips 58,000 62,100 6 Medicare tax withheld 841 900 15 State California California 16 State wages, tips, etc. 58,000 62,100 17 State income tax withheld 2,950 3,100 The Smiths provide over half of the support of their two children, Cynthia (born January 25, 1997, Social Security number 123-45-6788) and John (born February 7, 2002, Social Security number 012-45-6786). Both children are full-time students and live with the Smiths except when they are away at college. Cynthia earned $4,200 from a summer internship at Some Type of Way Promotions in 2021, and John earned $3,900 from a part-time job at Richard's Steakhouse.", "related_book": { "title": "Accounting for Governmental and Nonprofit Entities", "isbn": "978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960", "edition": "15th Edition", "authors": "Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/70.jpg", "uri": "\/textbooks\/accounting-for-governmental-and-nonprofit-entities-15th-edition-70", "see_more_uri": "" }, "free_related_book": { "isbn": "1666919152", "uri": "\/textbooks\/god-and-psychology-how-the-early-religious-development-of-famous-psychologists-influenced-their-work-1st-edition-9781666919158-108578", "name": "God And Psychology How The Early Religious Development Of Famous Psychologists Influenced Their Work", "edition": "1st Edition" }, "question_posted": "2024-05-26 11:09:22", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/carbon-has-the-electron-configuration-1s-2s2p-the-two-unpaired-523655", "description": "Carbon has the electron configuration 1s 2s2p. The two unpaired electrons in the n = 2 level suggests that carbon will form two bonds. We know, however, that carbon forms four bonds in most compounds...", "stars": 3 }, { "url": "\/if-the-opinion-issued-on-prior-years-financial-statements-is", "description": "If the opinion issued on prior- years financial statements is no longer appropriate and financial statements are presented in comparative form, the auditors current report should a. Not reference the...", "stars": 3 }, { "url": "\/study-help\/introduction-to-managerial-accounting\/25-give-examples-of-three-types-of-manufacturing-costs-1785433", "description": "2-5 Give examples of three types of manufacturing costs.", "stars": 3 }, { "url": "\/study-help\/psychology-2e\/how-did-john-b-watson-define-psychology-and-what-methods-1984946", "description": "How did John B. Watson define psychology and what methods did he advocate?", "stars": 3 }, { "url": "\/the-piper-cherokee-a-light-singleengine-general-aviation-aircraft-has", "description": "The Piper Cherokee (a light, single-engine general aviation aircraft) has a wing area of 170 ft 2 and a wing span of 32 ft. Its maximum gross weight is 24501b. The wing uses an NACA 65-415 airfoil,...", "stars": 3.5 }, { "url": "\/study-help\/questions\/markov-manufacturing-recently-spent-101-million-to-purchase-some-equipment-9862530", "description": "Markov Manufacturing recently spent $10.1 million to purchase some equipment used in the manufacture of disk drives. The firm expects that this equipment will have a useful life of five years, and...", "stars": 3.5 }, { "url": "\/study-help\/questions\/1-using-the-equation-12-2-the-3589539", "description": "1. Using the equation ? = 1\/2 ??2 , the value of 5.0 m for the distance, and the time that you recorded for wagon to reach the stop block, calculate the acceleration for each trial. Show your work....", "stars": 3.5 }, { "url": "\/study-help\/questions\/case-9-newells-decision-to-downsize-an-ethical-dilemma-a-1563982", "description": "Newells Decision to Downsize: An Ethical Dilemma A particular issue in business ethics is: What exactly does the term ethics mean? Various writers have described ethics as rules that govern behavior,...", "stars": 3.5 }, { "url": "\/study-help\/questions\/i-could-provide-the-excel-sheet-for-question-4-if-2547279", "description": "5. DURATION OF INVERSE FLOATERS Assume that LIBOR rates are risk free. Suppose you have a 10 year note that pays a quarterly coupon of (10% - 2 3mo LIBOR), divided by 4 since this is a quarterly...", "stars": 3.5 }, { "url": "\/study-help\/questions\/biblical-application-taxes-assignment-instructions-overview-in-this-assignment-you-5316800", "description": "Choose one of the six macroeconomic debates covered in Chapter 23 of your textbook and take a stand for one side. Explain your position using at least two of the economic tools you've learned in...", "stars": 3.5 }, { "url": "\/study-help\/questions\/a-business-survey-randomly-sampled-20-different-hotels-and-20-5383217", "description": "A business survey randomly sampled 20 different hotels and 20 different log cabins in British Columbia and recorded each of their nightly rates. A natural log transformation was needed in order for...", "stars": 3.5 }, { "url": "\/study-help\/questions\/please-help-me-evaluate-this-integral-8-2-2-v-5290271", "description": "Please help me evaluate this integral. 8 2 2 v - v", "stars": 3.5 }, { "url": "\/study-help\/questions\/lan-ytar-the-compary-sold-3-0-0-0-8416185", "description": "Lan ytar the compary sold 3 0 , 0 0 0 of these bolls, with the following resaits. \\ table [ [ \\ table [ [ Sales ] ] , 5 7 5 0 , 0 0 0 ] , [ Variable reprnaes, 4 5 0 0 0 0 ] , [ Contribution atargin,...", "stars": 3.5 }, { "url": "\/huntingdon-capital-corp-is-a-competitor-of-plazacorp-and-first", "description": "Huntingdon Capital Corp. is a competitor of Plazacorp and First Capital Realty. Huntingdon reported the following selected information (in millions):...", "stars": 3 }, { "url": "\/study-help\/business-statistics\/dont-forget-the-basics-the-behavioral-risk-factor-surveillance-system-1680857", "description": "Dont forget the basics. The Behavioral Risk Factor Surveillance System (BRFSS) survey found that 279 individuals in its 2006 random sample of 2166 college graduates in California said they had...", "stars": 3 }, { "url": "\/study-help\/business-statistics\/harley-motorcycles-harleydavidson-motorcycles-make-up-14-of-all-the-1680860", "description": "Harley motorcycles. Harley-Davidson motorcycles make up 14% of all the motorcycles registered in the United States. You plan to interview an SRS of 600 motorcycle owners. (a) What is the sampling...", "stars": 3.5 }, { "url": "\/study-help\/business-statistics\/tossing-a-thumbtack-if-you-toss-a-thumbtack-on-a-1680856", "description": "Tossing a thumbtack. If you toss a thumbtack on a hard surface, what is the probability that it will land point up? Estimate this probability p by tossing a thumbtack 100 times. The 100 tosses are an...", "stars": 3.5 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/glory-inc-has-collected-the-following-data-for-november-there-1736557", "next": "\/study-help\/questions\/kragan-clothing-company-manufactures-its-own-designed-and-labeled-athletic-1736559" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": " Prepare an income tax return (with all appropriate forms and schedules)", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/prepare-an-income-tax-return-with-all-appropriate-forms-and-1736558" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }: "1" } }