Robert J and Sally L Jones are married and file a joint return Robert is self employed as a dentist, and Sally is a college professor Robert and Sally have three children The oldest is Vince who lives at home and attends law school full time at the University of Cincinnati He worked part time during the year, earning $1,500, which he spent for his own support Robert and Sally provided $6,000 toward Vinces support (including $4,000 for Vinces fall tuition) They also provided over half the support of their daughter, Joan, who is a full time student at Edgecliff College in Cincinnati Joan worked part time as an independent contractor during the year, earning $4,900 Joan lived at home until she was married in December of 20xx She filed a joint return with her husband, Patrick, who earned $40,000 during the year Jennifer is the youngest and lived in the Jones home for the entire year The Joneses provide you with the following additional information Robert and Sally would like to take advantage on their return for any educational expenses paid for their children You may assume that the educational expenses were included on Form 1098 T for the current year And, you may assume that the prior years Form 1098 T had both boxes 2 and 7 checked The Joneses do not want to contribute to the presidential election campaign The Joneses live at 621 Franklin Avenue, Cincinnati, OH 45211 Roberts birthday is 3 5 1967 and SSN 333 45 6666 Sallys birthday is 4 24 1970and SSN 566 77 8888 Vinces birthday is 11 6 1998 and SSN 576 18 7928 Joans birthday is 2 1 1999 and SSN 575 92 4321 Jennifers birthday is 12 12 2003 and SSN 613 97 8465 The Joneses do not have any foreign bank accounts or trusts Sally is a lecturer at Xavier University in Cincinnati, where she earned $30,000 The university withheld federal income tax of $3,375, state income tax of $900, Cincinnati city income tax of $375, $1,860 of SS tax and $435 of Medicare tax She also worked part of the year for Delta Airlines Delta paid her $10,000 in salary, and withheld federal income tax of $1,125, state income tax of $300, Cincinnati city income tax of $125, $620 for SS tax, and $145 for Medicare tax NOTE You will need to create partial Form W 2s as the supporting document Be sure to include the employers name and fill in the applicable income, withholding, etc You do not need the tax ID information for the supporting form info to populate to the primary form

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

Robert J. and Sally L. Jones are married and file a joint return. Robert is self-employed as a dentist, and Sally is a college professor.

Robert J. and Sally L. Jones are married and file a joint return. Robert is self-employed as a dentist, and Sally is a college professor. Robert and Sally have three children.

The oldest is Vince who lives at home and attends law school full-time at the University of Cincinnati. He worked part-time during the year, earning $1,500, which he spent for his own support. Robert and Sally provided $6,000 toward Vinces support (including $4,000 for Vinces fall tuition).

They also provided over half the support of their daughter, Joan, who is a full-time student at Edgecliff College in Cincinnati. Joan worked part-time as an independent contractor during the year, earning $4,900. Joan lived at home until she was married in December of 20xx. She filed a joint return with her husband, Patrick, who earned $40,000 during the year.

Jennifer is the youngest and lived in the Jones home for the entire year. The Joneses provide you with the following additional information:

Robert and Sally would like to take advantage on their return for any educational expenses paid for their children. You may assume that the educational expenses were included on Form 1098-T for the current year. And, you may assume that the prior years Form 1098-T had both boxes 2 and 7 checked.
The Joneses do not want to contribute to the presidential election campaign.
The Joneses live at 621 Franklin Avenue, Cincinnati, OH 45211.
Roberts birthday is 3/5/1967 and SSN 333-45-6666
Sallys birthday is 4/24/1970and SSN 566-77-8888
Vinces birthday is 11/6/1998 and SSN 576-18-7928
Joans birthday is 2/1/1999 and SSN 575-92-4321
Jennifers birthday is 12/12/2003 and SSN 613-97-8465
The Joneses do not have any foreign bank accounts or trusts

Sally is a lecturer at Xavier University in Cincinnati, where she earned $30,000. The university withheld federal income tax of $3,375, state income tax of $900, Cincinnati city income tax of $375, $1,860 of SS tax and $435 of Medicare tax. She also worked part of the year for Delta Airlines. Delta paid her $10,000 in salary, and withheld federal income tax of $1,125, state income tax of $300, Cincinnati city income tax of $125, $620 for SS tax, and $145 for Medicare tax. NOTE: You will need to create partial Form W-2s as the supporting document. Be sure to include the employers name and fill in the applicable income, withholding, etc. You do not need the tax ID information for the supporting form info to populate to the primary form.