Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Robert and Jean White are married and file a joint return. Robert (social security number 999-99-9999) had earned income of $75,000; his W-2 Form

Robert and Jean White are married and file a joint return. Robert (social security number 999-99-9999) had earned income of $75,000; his W-2 Form included federal income tax withheld of $12,000 and atate income tax withheld of $1,700. Jean (social security number 888-88-8888) had earned income of $81,000; her W-2 Form included federal income tax withheld of $13,000 and state income tax withheld of $1,800. of $2,400 from the First National Bank of River Forest. had qualified dividend income of $3,600 from the River Forest Company. Il. 60305. Election Campaign. They had interest income They They live at 7900 W. Division Street in River Forest, They elected not to contribute to the Presidentia1 They supported their four children: James (age 21, social security number 777-77-7777), Joan (age 18, social security number 666-66-6666), David (age 14, social security number 555- 55-5555), and Susan (age 9, social security number 444-44-4444). They paid tuition of $9,500 for James to attend State Univer sity (EIN 12-3456789). He is a junior and a full-time student. They paid tuition of $3,800 for Joan to attend State University. She is a freshman and a full-time student. They paid after school costs of $3,400 to the YMCA Of River Forest for Susan. The YMCA is located at 8000 w. Division St in River Forest, Il. 60305; its EIN is 98-1234567. They paid real estate taxes on their home of $7,500. They paid mortgage interest of $11,000 on home acquisition indebtedness of $600,000. They contributed $5,200 to their church through weekly contributions. Required: 1. Prepare Robert and Jean White' s 2018 tax return including Forms 1040, 2441, and 8863 Form 1040 schedules 3, A, and B. Tax forms are available at www.irs.gov.

Step by Step Solution

3.42 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

QUESTION Aralysis Jean white Robert Income of s75000 federal Incomme Stat... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Federal Taxation 2016 Comprehensive

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

29th Edition

134104374, 978-0134104379

More Books

Students also viewed these Accounting questions