Prepare two 2016 Federal income tax returns for Janice Morgan. For the rst tax return, Janice has both Self Employment Income (use Schedule C) as well as a wage. For the second tax return, assume that J anice's net selfemployment income (the income from the Schedule C) is a wage instead of self-employment income. For Example, if the self-employment income was $50,000 then in the rst return Janice would have $100,000 on line 7 and $50,000 on line 12. In the second tax return Janice would have $150,000 on line 7, and none on line 12. The purpose of this second tax return is to better understand the consequences of selfemployment tax by comparing two returns with the same income; one with self-employment tax and one Without. Please submit the following forms for tax return 1: (1) Cover page with student names (2) 1040, (3) Schedule A, (4) Schedule C page 1, (5) calculation of Depreciation, (6) calculation of selfemployment tax, (7) calculation of tax. Normally, this return would also require (1) Schedule B 7 Interest and ordinary dividends, (2) Schedule C page 2, and (3) Form 4562 Depreciation and Amortization. However I will not require these forms/ schedules. Instead of Schedule C page 2, submit a calculation of SE tax. Instead of Form 45 62 submit a calculation of depreciation