Prepare the bowies federal tax return for 2015. Use form 1040, schedule A, Schedule E, and any other appropriate schedules. (Tax Return Problem)

Joe and Jane Bowie are married taxpayers, filing jointly and have a son named Brandon. They live at 14000 Jericho Park Road, Bowie, MD 20785. Joe works as the director of information systems at Bowie State University (BSU). Jane is a stay-at-home mom. Their SSNs are Joe, 412-34-5670; Jane, 412-34-5671; and Brandon, 412-34-5672. Their birth dates are as follows: Joe, June 7, 1976; Jane, March 20, 1977; and Brandon, October 10, 2009. The Bowies own their home and paid S15,000 in mortgage interest during the year to Wells Fargo Bank and property taxes ofS3,200. Assume they have no other deductible expenses. The Form W-2 Joe received from BSU contained the following information: Wages (box 1) 79.002.50 Federal WH (box 2) $8,000.14 Social security wages (box 79,002.50 Social security WIH (box 4) S 4,898.16 Medicare wages (box 50 79,002.50 Medicare WIH (box 6) 45.54 In addition, the Bowies own a small four-unit rental at 1015 Race Track Road, Bowie, MD 20785. The rental was purchased and placed in service on July 1, 2003, and was rented for the entire year. The following income and expense information relates to the rental activity. For the purpose of this return problem, do not consider passive activity rules or limitations. Rental income S24,000 2,000 Real estate taxes Utilities Mortgage interest 3,800 Depreciation 7,200 Repairs and maintenance Prepare the Bowies' federal tax return for 2015. Use Form 1040, Schedule A, Schedule E, and any other appropriate schedules. Assume they do not qualify for any credits (although they may). The taxpayers had qualifying health care coverage at all times during the tax year. For any missing information, make reasonable assumptions