Ronald $(715-$XX$-0388)$ and Nancy $(716-$XX$-0388)$ Studebaker are married filing jointly. They live at $5684$ Beechwood, Grand Rapids, Michigan $49546$ which is within the Forest Hills School District. Their phone number is $616-871-0594.$ Their birthdates are Feb $17,1941($Ron$)$ and May $20,1951($Nancy$).$ Ron is retired and has a pension that he draws on and receives social security benefits and has Medicare Part B health insurance premiums deducted from his benefits. Only $$5,484$ of his social security benefits were taxable on his federal return. Early in $2020$ Nancy was working full$-$time at K$-$Mart as a salesclerk and had federal, state and local withholding. Nancy$$s employer covers health care premiums for Nancy and her son. Ron paid AFLAC Supplemental Health Insurance premiums of $$438.$ Their federal AGI was $$42,583.$

They have some interest earned from Fifth Third Bank and have a little dividend income. They also have a US Savings Bond that is not taxable at the state level.

Nancy has a $20-$year$-$old son, Darren Ford $(717-$XX$-0388$; BIRTHDATE: Sep $18,2000),$ from a previous marriage who lives with them and attends Davenport University. Nancy received $$1200$ last year in child support. Darren does not have the means to support himself and relies on Ron and Nancy. Ron$$s hearing has been deteriorating and he is now considered deaf. Ron and Nancy have never had the federal Earned Income Credit $($EIC$)$ disallowed. This year they received in federal EIC in the amount of $$810.$

The Studebakers did not itemize deductions on last year$$s federal return. They would like to donate $$20$ to the Michigan United Way fund on their $2020$ return.

The Studebakers were renting an apartment for $$650/$month for the months of January and February in $2020$ from the Breton Road Apartments, $4200$ Breton Rd$,$ Kentwood, Michigan $49508.$ Their address was: $4267$ Breton Rd Apt $38,$ Kentwood, Michigan $49508.$ They purchased a home and moved in March $1,2020$ to the Beechwood address. The property taxes for the year were $$2,645,$ the mortgage interest for the year was $$6,800$ and the taxable value of their home is $$82,000.$ Their DTE gas bill amounted to $$2300$ for the year.

They have already filed federally but need your help with the state return. They will be returning on December $13,2023,$ to sign their return. They would like to electronically deposit any refund received at their local Fifth Third Bank $($Routing No$.072500042).$ Their savings account #: $123456.$

Please complete their tax return prior to their next meeting on DECEMBER $13,2023.$

Reference:

Check Figure: MI Schedule $1$ Additions & Subtractions; Line $29$ Total Subtractions: $$32,059$

Check Figure: MI$-1040$CR Total Household Resource; Line $28$ Subtotal: $$48,776$