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Prepare an Ohio State Income Tax Return, Form IT 1040, based on the solution of these Scenario. Chapter 6 In-Class Scenario (C Ch10-01) Alice J.

Prepare an Ohio State Income Tax Return, Form IT 1040, based on the solution of these Scenario.

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Chapter 6 In-Class Scenario (C Ch10-01) Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their Social Security numbers are 123-45-6789 and 111-11-1112, respectively. Alice's birthday is September 21 1968, and Bruce's is June 27, 1967. They live at 473 Revere Avenue, Maumee, OH 43537. Alice is the office manager for Lowell Dental Clinic, 433 Broad Street, Sylvania, OH 43560 (employer identification number 98-7654321). Bruce is the manager of a Super Burgers fast-food outlet owned and operated by Plymouth Corporation, 1247 Central Avenue, Toledo, OH 43617 The following information is shown on their Wage and Tax Statements (Form W-2) for 2017 Line Alice Bruce Description Wages, tips, other compensation Federal income tax withheld Social Security wages Social Security tax withheld Medicare wages and tips Medicare tax withheld State State wages, tips, etc State income tax withheld Local income tax withheld $58,000 4,500 58,000 3,596 58,000 841 Ohio 58,000 2,950 870 $62,100 6,300 62,100 3,850 62,100 900 Ohio 62,100 3,100 1,397 4 6 15 16 17 18 The Byrds provide over half of the support of their two children, Cynthia (born January 25 1992, Social Security number 123-45-6788) and John (born February 7, 1999, 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 $4,200 from a summer internship in 2017, and John earned $3,800 from a part-time job During 2017, the Byrds provided 60% of the total support of Bruce's widower father, Sam Byrd (born March 6, 1939, 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 $1,600,000 on December 28 The Byrds had the following expenses relating to their personal residence during 2017 Property taxes Qualified interest on home mortgage Repairs to roof $5,000 8,700 5,750 Chapter 6 In-Class Scenario (C Ch10-01) Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their Social Security numbers are 123-45-6789 and 111-11-1112, respectively. Alice's birthday is September 21 1968, and Bruce's is June 27, 1967. They live at 473 Revere Avenue, Maumee, OH 43537. Alice is the office manager for Lowell Dental Clinic, 433 Broad Street, Sylvania, OH 43560 (employer identification number 98-7654321). Bruce is the manager of a Super Burgers fast-food outlet owned and operated by Plymouth Corporation, 1247 Central Avenue, Toledo, OH 43617 The following information is shown on their Wage and Tax Statements (Form W-2) for 2017 Line Alice Bruce Description Wages, tips, other compensation Federal income tax withheld Social Security wages Social Security tax withheld Medicare wages and tips Medicare tax withheld State State wages, tips, etc State income tax withheld Local income tax withheld $58,000 4,500 58,000 3,596 58,000 841 Ohio 58,000 2,950 870 $62,100 6,300 62,100 3,850 62,100 900 Ohio 62,100 3,100 1,397 4 6 15 16 17 18 The Byrds provide over half of the support of their two children, Cynthia (born January 25 1992, Social Security number 123-45-6788) and John (born February 7, 1999, 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 $4,200 from a summer internship in 2017, and John earned $3,800 from a part-time job During 2017, the Byrds provided 60% of the total support of Bruce's widower father, Sam Byrd (born March 6, 1939, 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 $1,600,000 on December 28 The Byrds had the following expenses relating to their personal residence during 2017 Property taxes Qualified interest on home mortgage Repairs to roof $5,000 8,700 5,750

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