Requirements:

Make necessary assumptions for information not given in the problem but needed to complete the return.

The taxpayers have substantiation ( e.g. records , receipts) to support all transactions for the year.

If any refund is due, the Danes want a refund check sent to them by mail.

The Danes had itemized deductions from AGI for 2017 of $16,700 of which $1500 was for state and local income taxes.

The Danes do not want to contribute to the presidential election campaign fund.

Jason R. and Jenni L. Dane are married and live at 13071 Sterling Drive, Marquette, MI 49866. Jason is a self-employed insurance claims adjuster (business activity code 524290), and Jenni is the dietitian for the local school district. They choose to file a joint tax return each year 1. Jason represents several national casualty insurance companies on a contract basis. He operates this business on the cash basis. He is paid a retainer and receives additional compensation if the claims he processes for the year exceed a specified number. As an indepen contractor, he is responsible for whatever expenses he incurs. Jason works out of an fice near home. The office is located at 1202 Moose Road. He shares Suite 326 with a financial consultant, operating expenses are divided equally between them. The suite has a common waiting a receptionist furnished and paid by the l as detailed below. room with andlord. Jason paid his one- half share of the 2018 expenses Office rent $11,600 Utilities (includes telephone and fax) 4,300 Replacement of wairting room furniture on April 22 3,600 Renters' insurance (covers personal liability, casualty, theft) Office expense (supplies, postage) 740 1,400 New Toshiba copier on February 7 300 280 Waiting room coffee service (catered) Waiting room magazine subscriptions 90 For his own business use, Jason purchased a $2,100 laptop computer on June 17 and a $1,200 Nikon camera on February 5. Except for his vehicle (see item 2 below), Jason uses the s 179 write-off option whenever possible. Jason has no expenditures for which he is required to file Form 1099s. For his own business use, Jason purchased a $2,100 laptop computer on June I I,L camera on February 5. Except for his vehicle (see item 2 below), Jason uses the 179 write-off option whenever possible. Jason has no expenditures for which he is required to file Form 1099s 2. On January 2, 2018, Jason paid $31,000 (including sales tax) to purchase a gently used Toyota amry that he uses 92% of the time for business. No trade-in was involved, and he did not claim any 179 expensing. Jason uses the actual operating cost method to compute his tax deduction. He elects to use th expenses relating to the Camry for 2018 are as follows: e 200% declining-balance MACRS depreciation method with a half-year convention. His Gasoline Auto insurance Interest on car loan $3,500 1,700 820 325 Auto club dues Oil changes and lubrication License and registration 210 190 In connection with his business use of the Camry. Jason paid $510 for tolls and $350 in fines for traffic violations. In 2018, Jason drove the Camry 14,532 miles for business and 1,248 miles for personal use (which includes his daily, round-trip commute to work). 3. Jason handles most claim applications locally, but on occasion he must travel out of town. Expenses in connection with these business trips during 2018 were $930 for lodging and $1,140 for meals. He also paid $610 for business dinners he had with several visiting executives of insurance companies with whom he does business. Jason's other business-related expenses for 2018 are listed below. $8,000 Contribution to H.R. 10 (Keogh) retirement plan Premiums on medical insurance covering self and family (spouse and children) Premiums on disability insurance policy (pays for loss of income in the event Jason is disabled and cannot work) State and local occupation fee Birthday gift for receptionist (S25 box of Godiva chocolates plus $3 for gift wrap) 4,600 2,400 450 28 4. Jenni earns $32,000 working as a registered dietician for the Marquette Public School District. The job she holds, manager of the school lunch program, is not classified as full time. Consequently, she is not eligible to participate in the teacher retirement or health insurance programs. Jenni's expenses for 2018 are summarized as follows: Contribution to traditional IRA $5,500 ($23 box of Godiva chocolates plus $3 for gift wrap) 28 4. Jenni earns $32,000 working as a registered dietician for the Marquette Public School District. The job she holds, manager of the school lunch program, is not classified as full time. Consequently, she is not eligible to participate in the teacher retirement or health insurance programs. Jenni's expenses for 2018 are summarized as follows: $5,500 720 350 Contribution to traditional IRA Job hunting expense Continuing education program Membership dues to the National Association of Dietitians 120 Subscription to Nutrition Today In order to work full time and earn a larger salary, Jenni applied for a position as chief dietitian for a chain of nursing homes. According to the director of the recruiting service she hired, the position has not yet been filled, and Jenni is one of the leading candidates. The continuing education program was sponsored by the National Association of Dietitians and consisted of a one-day seminar on diets for seniors. Jenni drove the family Chevrolet Malibu 930 miles on job-re commuting to work, out of a total of 8,670 miles driven for the y 90 special ear. The Danes purchased the car on July 11. 2016, for $23,400. Jenni uses the automatic mileage method for computing any available deduction for business use of the car. 5. The Danes have supported Jesse Voss (Jenni's widowed father) for several years, appropriately claiming him as a dependent for tax purposes. On December 27, 2017, Jesse suffered a massive stroke. The doctors did everything they could for Jesse, but he died in the intensive care unit of Riverwood bills on beh and S5,800 Medicare coverage because the Danes's medical insurance (see item 3 above) only covered Jason, Jenni, and their sons. Jesse's will named Jenni as executor and sole heir of his Hospital on January 8, 2018. In January and February of 2018, the Danes paid the following alf of Jesse: medical expenses of $11,800 not covered by Medicare ($6,000 incurred in 2017 in 2018) and funeral expenses of $15,300. Jesse's health insurance was limited to his 6. One of the assets that Jenni inherited with the transfer of Jesse's estate was his house. Upon the advice of the financial consultant who shares office space with Jason, the Danes decided to convert Jesse's home into a furnished rental house. After several minor repairs (e.g, touching up the paint on the interior walls, replacing various window screens, pressure washing the brick exterior, etc.), the property was advertised for rent in the classified section of the local newspaper on March 1, 2018. The repairs cost $720, and the newspaper ad was $360. Based on reconstructed records and appraisal estimates, information about the property is as follows: Original Cost FMV 1/8/18 $40,000 $220,000 House 10,000 50,000 Land Original Cost FMV 1/8/18 House Land Furniture and appliances $40,000 $220,000 10,000 50,000 21,000 14,000 7. Jesse's former residence was rented almost immediately with occupancy commencing April 1, 2018, under the following terms: one-year lease, $2,400 per month due the first day of the month, first and last months' rent in advance, $2,000 damage deposit, lawn care included but not utilities. The tenant complied with all terms except that the December rent payment was not made until January 1 2019, because the tenant took an extended holiday trip that started on Thanksgiving Day (November 22) through Christmas Day (December 25). Expenses in connection with the property were as follows property taxes, $2,600, repairs, $320, lawn maintenance, $540, insurance, $1,800, and street paving assessment, $2,100. The property is located at 12120 Lake Road, Harvey, MI 49855. 8. In early December 2017, a friend advised Jason to buy stock in Pioneer Aviation Inc. (PAI). At that time, PAI was in serious financial straits and was headed toward bankruptcy. Nevertheless, according to Jason's friend, the value of the corporation's underlying assets was such that the shareholders were bound to recover considerably more than the current market price of $.50 per share. Excited at the chance for a "sure" profit, on December 15, 2017, Jason purchased 20,000 shares for $10,000. In September 2018, the trustee in bankruptcy announced that the stock was worthless and that even some of PAl's preferred creditors would not be paid. 9. On June 14, 2018, the Danes sold 500 shares of Garnet Corporation for $17,500 ($35 per share). They owned 1,000 shares, acquired as follows: 500 shares on November 5, 2017, for $25 a share and 700 shares on April 5, 2018, for $30 a share. The Danes did not instruct their broker as to which shares to sell, so Form 1099-B for this sale reported a $12,500 basis for these shares. 10. One month before she died on April 14, 2008, Susan Voss (Jenni's mother) gave Jenni a coin collection. Based on careful records that Susan kept, the collection had a cost basis of $9,000 and fair market value of $18,000 at the time Susan passed away. On February 12, 2018, the Dane residence was burglarized and the coin collection was stolen. The Danes filed a claim with the carrier of their homeowner's insurance policy for $24,000 (the current value of the collection). Unfortunately were only able to collect s10,000, which was the maximum payout allowed for valuables (eg., jewelry, antiques) without a special rider attached to the insurance policy. I1. In her will, Susan Voss (see item 10) left Jenni a vacant lot on Wright Street. Susan had paid $15,000 for the property, and it had a value of $19,000 when she died. Susan had purchased the lot because it was adjacent to Northern Michigan University property and she expected the school to eventually expand the campus. By 2018, it has become clear that the University does not have the funds to expand the campus. Consequently, on July 1, 2018, Jenni sold the lot for $19,000. Not included in this price are unpaid property taxes (and interest on the unpaid taxes) of $700 on the lot, which the purchaser assumed and later paid. Form 1099-B did not report the basis of this property. 12. Every year around Christmas, Jason receives cards from various car repair facilities (including dealerships), expressing thanks for the business referrals and enclosing cash. Jason has no arrangement, contractual or otherwise, that requires any compensation for the referrals he makes. Concerned about the legality of such "gifts," Jason consulted an attorney about the matter a few years ago. Without passing judgment on the status of the payors, the attorney found that Jason's acceptance of the payments does not violate state or local laws. Jason sincerely believes that the payments he receives have no effect on the referrals he makes. During December 2018, Jason received cards containing $7,200. One additional card containing $900 was delayed in the mail and was not received by Jason until January 4, 2019. 13. In addition to those previously noted, the Danes's receipts during 2018 are sum below marized Payments to Jason for services rendered (as reported on Forms 1099-MISC issued by several payor insurance companies) pursuant to contractual arrangement $84,800 Income tax refunds for tax year 2017: Federal State of Michigan 90 Interest income (reported on separate Forms 1099-INT: State of Michigan general-purpose bonds 1,400 General Electric corporate bonds Certificate of deposit at Marquette National Bank Qualified dividends (Krist Energy, reported on Form 1099-DIV) Proceeds from garage sale (see item 14 below) Cash gifts from Jason's parents Jason's net state lottery losses ($1,000 of winnings reported on Form W2-G; $2,300 of losses) (1,300) 210 1,100 900 1,200 9,200 24,000 14. On June 7 and 8, 2018, the Danes held a garage sale to dispose of unwanted funiture, appliances, books, bicycles, clothes, and one boat (including trailer). The estimated basis of the items sold is $25,500. All assets were used by the Danes for personal purposes. 15. Payments made for 2018 expenditures not mentioned elsewhere are as follows: land 8, 2018, the Danes held a garage sale to dispose of unwanted furniture appliances, books, bicycles, clothes, and one boat (including trailer). The estimated basis of the items sold is $25,500. All assets were used by the Danes for personal purposes. 15. Payments made for 2018 expenditures not mentioned elsewhere are as follows: Medical: Copayment portion of medical expenses $1,300 Dental (orthodontist) Taxes: State income tax (see item 17 below) State sales taxes 1,120 Property taxes on personal residence Interest on home mortgage reported on Form 1098 Charitable contributions 1,200 3,456 3,800 4,200 3,600 The Danes's medical insurance does not cover dental services. The Danes pledge contributions of $1,200 per year to their church, The Water's Edge Church in Marquette, Michigan. In 2018, they paid the pledges for 2017 through 2019. During 2018, the Danes drove the Malibu 270 miles for medical purposes (e.g, trips to the hospital, doctor and dentist offices) and 320 miles delivering meals to the poor for Meals-on-Wheels, a qualified charity. 16. The Danes have two sons who live with them: Ethan and Isaac. Both are full-time students. Ethan is an accomplished singer and earned S4,200 during the year performing at special events (e.g., weddings, anniversaries, civic functions). Ethan deposits his earnings in a savings account intended to help cover future college expenses. Isaac does not have a job. 17. The Form W-2 Jenni receives from her employer reflects wages of $32,000. Appropriate amounts for Social Security and Medicare taxes were deducted. Income tax withholdings were $1,320 for Federal and $1,056 for state. The Danes made quarterly tax payments of $1,900 for Federal and $600 tate on each of the following dates: Ail 10, 2018 June 11, 2018; September 10, 2018; and December 28, 2018. None of the Danes hold any foreign fi Security numbers are noted below. inancial accounts. Relevant Social Numher Birth Date Name Social Security Number Birth Date Jason R. Dane 111-11-11 06/06/1976 Jenni L. Dane 123-45-6781 08/14/1977 Jesse S. Voss 123-45-6784 03/12/1938 Ethan T. Dane 123-45-6788 09/13/2001 Isaac S. Dane 123-45-6789 07/20/2003 Requirements Prepare an income tax return (with all appropriate forms and schedules following these guidelines ) for the Danes for 2018 assumptions for information not given in the problem but needed to complete the necessary return. . The taxpayers are preparing their own return (i.e., no preparer is involved). (e.g, records, receipts) to support all transactions for the year. The taxpayers have substantiation If any refund is due, the Danes want a refund check sent to them by mail. . The Danes had itemized deductions from AGI for 2017 of S16,700, of which $1,500 was for state and local income taxes. The Danes do not want to contribute to the Presidential Election Campaign Fund. Jason R. and Jenni L. Dane are married and live at 13071 Sterling Drive, Marquette, MI 49866. Jason is a self-employed insurance claims adjuster (business activity code 524290), and Jenni is the dietitian for the local school district. They choose to file a joint tax return each year 1. Jason represents several national casualty insurance companies on a contract basis. He operates this business on the cash basis. He is paid a retainer and receives additional compensation if the claims he processes for the year exceed a specified number. As an indepen contractor, he is responsible for whatever expenses he incurs. Jason works out of an fice near home. The office is located at 1202 Moose Road. He shares Suite 326 with a financial consultant, operating expenses are divided equally between them. The suite has a common waiting a receptionist furnished and paid by the l as detailed below. room with andlord. Jason paid his one- half share of the 2018 expenses Office rent $11,600 Utilities (includes telephone and fax) 4,300 Replacement of wairting room furniture on April 22 3,600 Renters' insurance (covers personal liability, casualty, theft) Office expense (supplies, postage) 740 1,400 New Toshiba copier on February 7 300 280 Waiting room coffee service (catered) Waiting room magazine subscriptions 90 For his own business use, Jason purchased a $2,100 laptop computer on June 17 and a $1,200 Nikon camera on February 5. Except for his vehicle (see item 2 below), Jason uses the s 179 write-off option whenever possible. Jason has no expenditures for which he is required to file Form 1099s. For his own business use, Jason purchased a $2,100 laptop computer on June I I,L camera on February 5. Except for his vehicle (see item 2 below), Jason uses the 179 write-off option whenever possible. Jason has no expenditures for which he is required to file Form 1099s 2. On January 2, 2018, Jason paid $31,000 (including sales tax) to purchase a gently used Toyota amry that he uses 92% of the time for business. No trade-in was involved, and he did not claim any 179 expensing. Jason uses the actual operating cost method to compute his tax deduction. He elects to use th expenses relating to the Camry for 2018 are as follows: e 200% declining-balance MACRS depreciation method with a half-year convention. His Gasoline Auto insurance Interest on car loan $3,500 1,700 820 325 Auto club dues Oil changes and lubrication License and registration 210 190 In connection with his business use of the Camry. Jason paid $510 for tolls and $350 in fines for traffic violations. In 2018, Jason drove the Camry 14,532 miles for business and 1,248 miles for personal use (which includes his daily, round-trip commute to work). 3. Jason handles most claim applications locally, but on occasion he must travel out of town. Expenses in connection with these business trips during 2018 were $930 for lodging and $1,140 for meals. He also paid $610 for business dinners he had with several visiting executives of insurance companies with whom he does business. Jason's other business-related expenses for 2018 are listed below. $8,000 Contribution to H.R. 10 (Keogh) retirement plan Premiums on medical insurance covering self and family (spouse and children) Premiums on disability insurance policy (pays for loss of income in the event Jason is disabled and cannot work) State and local occupation fee Birthday gift for receptionist (S25 box of Godiva chocolates plus $3 for gift wrap) 4,600 2,400 450 28 4. Jenni earns $32,000 working as a registered dietician for the Marquette Public School District. The job she holds, manager of the school lunch program, is not classified as full time. Consequently, she is not eligible to participate in the teacher retirement or health insurance programs. Jenni's expenses for 2018 are summarized as follows: Contribution to traditional IRA $5,500 ($23 box of Godiva chocolates plus $3 for gift wrap) 28 4. Jenni earns $32,000 working as a registered dietician for the Marquette Public School District. The job she holds, manager of the school lunch program, is not classified as full time. Consequently, she is not eligible to participate in the teacher retirement or health insurance programs. Jenni's expenses for 2018 are summarized as follows: $5,500 720 350 Contribution to traditional IRA Job hunting expense Continuing education program Membership dues to the National Association of Dietitians 120 Subscription to Nutrition Today In order to work full time and earn a larger salary, Jenni applied for a position as chief dietitian for a chain of nursing homes. According to the director of the recruiting service she hired, the position has not yet been filled, and Jenni is one of the leading candidates. The continuing education program was sponsored by the National Association of Dietitians and consisted of a one-day seminar on diets for seniors. Jenni drove the family Chevrolet Malibu 930 miles on job-re commuting to work, out of a total of 8,670 miles driven for the y 90 special ear. The Danes purchased the car on July 11. 2016, for $23,400. Jenni uses the automatic mileage method for computing any available deduction for business use of the car. 5. The Danes have supported Jesse Voss (Jenni's widowed father) for several years, appropriately claiming him as a dependent for tax purposes. On December 27, 2017, Jesse suffered a massive stroke. The doctors did everything they could for Jesse, but he died in the intensive care unit of Riverwood bills on beh and S5,800 Medicare coverage because the Danes's medical insurance (see item 3 above) only covered Jason, Jenni, and their sons. Jesse's will named Jenni as executor and sole heir of his Hospital on January 8, 2018. In January and February of 2018, the Danes paid the following alf of Jesse: medical expenses of $11,800 not covered by Medicare ($6,000 incurred in 2017 in 2018) and funeral expenses of $15,300. Jesse's health insurance was limited to his 6. One of the assets that Jenni inherited with the transfer of Jesse's estate was his house. Upon the advice of the financial consultant who shares office space with Jason, the Danes decided to convert Jesse's home into a furnished rental house. After several minor repairs (e.g, touching up the paint on the interior walls, replacing various window screens, pressure washing the brick exterior, etc.), the property was advertised for rent in the classified section of the local newspaper on March 1, 2018. The repairs cost $720, and the newspaper ad was $360. Based on reconstructed records and appraisal estimates, information about the property is as follows: Original Cost FMV 1/8/18 $40,000 $220,000 House 10,000 50,000 Land Original Cost FMV 1/8/18 House Land Furniture and appliances $40,000 $220,000 10,000 50,000 21,000 14,000 7. Jesse's former residence was rented almost immediately with occupancy commencing April 1, 2018, under the following terms: one-year lease, $2,400 per month due the first day of the month, first and last months' rent in advance, $2,000 damage deposit, lawn care included but not utilities. The tenant complied with all terms except that the December rent payment was not made until January 1 2019, because the tenant took an extended holiday trip that started on Thanksgiving Day (November 22) through Christmas Day (December 25). Expenses in connection with the property were as follows property taxes, $2,600, repairs, $320, lawn maintenance, $540, insurance, $1,800, and street paving assessment, $2,100. The property is located at 12120 Lake Road, Harvey, MI 49855. 8. In early December 2017, a friend advised Jason to buy stock in Pioneer Aviation Inc. (PAI). At that time, PAI was in serious financial straits and was headed toward bankruptcy. Nevertheless, according to Jason's friend, the value of the corporation's underlying assets was such that the shareholders were bound to recover considerably more than the current market price of $.50 per share. Excited at the chance for a "sure" profit, on December 15, 2017, Jason purchased 20,000 shares for $10,000. In September 2018, the trustee in bankruptcy announced that the stock was worthless and that even some of PAl's preferred creditors would not be paid. 9. On June 14, 2018, the Danes sold 500 shares of Garnet Corporation for $17,500 ($35 per share). They owned 1,000 shares, acquired as follows: 500 shares on November 5, 2017, for $25 a share and 700 shares on April 5, 2018, for $30 a share. The Danes did not instruct their broker as to which shares to sell, so Form 1099-B for this sale reported a $12,500 basis for these shares. 10. One month before she died on April 14, 2008, Susan Voss (Jenni's mother) gave Jenni a coin collection. Based on careful records that Susan kept, the collection had a cost basis of $9,000 and fair market value of $18,000 at the time Susan passed away. On February 12, 2018, the Dane residence was burglarized and the coin collection was stolen. The Danes filed a claim with the carrier of their homeowner's insurance policy for $24,000 (the current value of the collection). Unfortunately were only able to collect s10,000, which was the maximum payout allowed for valuables (eg., jewelry, antiques) without a special rider attached to the insurance policy. I1. In her will, Susan Voss (see item 10) left Jenni a vacant lot on Wright Street. Susan had paid $15,000 for the property, and it had a value of $19,000 when she died. Susan had purchased the lot because it was adjacent to Northern Michigan University property and she expected the school to eventually expand the campus. By 2018, it has become clear that the University does not have the funds to expand the campus. Consequently, on July 1, 2018, Jenni sold the lot for $19,000. Not included in this price are unpaid property taxes (and interest on the unpaid taxes) of $700 on the lot, which the purchaser assumed and later paid. Form 1099-B did not report the basis of this property. 12. Every year around Christmas, Jason receives cards from various car repair facilities (including dealerships), expressing thanks for the business referrals and enclosing cash. Jason has no arrangement, contractual or otherwise, that requires any compensation for the referrals he makes. Concerned about the legality of such "gifts," Jason consulted an attorney about the matter a few years ago. Without passing judgment on the status of the payors, the attorney found that Jason's acceptance of the payments does not violate state or local laws. Jason sincerely believes that the payments he receives have no effect on the referrals he makes. During December 2018, Jason received cards containing $7,200. One additional card containing $900 was delayed in the mail and was not received by Jason until January 4, 2019. 13. In addition to those previously noted, the Danes's receipts during 2018 are sum below marized Payments to Jason for services rendered (as reported on Forms 1099-MISC issued by several payor insurance companies) pursuant to contractual arrangement $84,800 Income tax refunds for tax year 2017: Federal State of Michigan 90 Interest income (reported on separate Forms 1099-INT: State of Michigan general-purpose bonds 1,400 General Electric corporate bonds Certificate of deposit at Marquette National Bank Qualified dividends (Krist Energy, reported on Form 1099-DIV) Proceeds from garage sale (see item 14 below) Cash gifts from Jason's parents Jason's net state lottery losses ($1,000 of winnings reported on Form W2-G; $2,300 of losses) (1,300) 210 1,100 900 1,200 9,200 24,000 14. On June 7 and 8, 2018, the Danes held a garage sale to dispose of unwanted funiture, appliances, books, bicycles, clothes, and one boat (including trailer). The estimated basis of the items sold is $25,500. All assets were used by the Danes for personal purposes. 15. Payments made for 2018 expenditures not mentioned elsewhere are as follows: land 8, 2018, the Danes held a garage sale to dispose of unwanted furniture appliances, books, bicycles, clothes, and one boat (including trailer). The estimated basis of the items sold is $25,500. All assets were used by the Danes for personal purposes. 15. Payments made for 2018 expenditures not mentioned elsewhere are as follows: Medical: Copayment portion of medical expenses $1,300 Dental (orthodontist) Taxes: State income tax (see item 17 below) State sales taxes 1,120 Property taxes on personal residence Interest on home mortgage reported on Form 1098 Charitable contributions 1,200 3,456 3,800 4,200 3,600 The Danes's medical insurance does not cover dental services. The Danes pledge contributions of $1,200 per year to their church, The Water's Edge Church in Marquette, Michigan. In 2018, they paid the pledges for 2017 through 2019. During 2018, the Danes drove the Malibu 270 miles for medical purposes (e.g, trips to the hospital, doctor and dentist offices) and 320 miles delivering meals to the poor for Meals-on-Wheels, a qualified charity. 16. The Danes have two sons who live with them: Ethan and Isaac. Both are full-time students. Ethan is an accomplished singer and earned S4,200 during the year performing at special events (e.g., weddings, anniversaries, civic functions). Ethan deposits his earnings in a savings account intended to help cover future college expenses. Isaac does not have a job. 17. The Form W-2 Jenni receives from her employer reflects wages of $32,000. Appropriate amounts for Social Security and Medicare taxes were deducted. Income tax withholdings were $1,320 for Federal and $1,056 for state. The Danes made quarterly tax payments of $1,900 for Federal and $600 tate on each of the following dates: Ail 10, 2018 June 11, 2018; September 10, 2018; and December 28, 2018. None of the Danes hold any foreign fi Security numbers are noted below. inancial accounts. Relevant Social Numher Birth Date Name Social Security Number Birth Date Jason R. Dane 111-11-11 06/06/1976 Jenni L. Dane 123-45-6781 08/14/1977 Jesse S. Voss 123-45-6784 03/12/1938 Ethan T. Dane 123-45-6788 09/13/2001 Isaac S. Dane 123-45-6789 07/20/2003 Requirements Prepare an income tax return (with all appropriate forms and schedules following these guidelines ) for the Danes for 2018 assumptions for information not given in the problem but needed to complete the necessary return. . The taxpayers are preparing their own return (i.e., no preparer is involved). (e.g, records, receipts) to support all transactions for the year. The taxpayers have substantiation If any refund is due, the Danes want a refund check sent to them by mail. . The Danes had itemized deductions from AGI for 2017 of S16,700, of which $1,500 was for state and local income taxes. The Danes do not want to contribute to the Presidential Election Campaign Fund