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s to fill in the For Tax Return #1 Ruben and Roxanne Rivera Use the following information to complete Ruben and Roxanne Rivera's 2019 federal

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s to fill in the For Tax Return #1 Ruben and Roxanne Rivera Use the following information to complete Ruben and Roxanne Rivera's 2019 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. For this first tax return assignment, I will tell you what forms you will need. You need the following forms to complete this tax return: Form 1040, Schedule 1, Schedule A, and Schedule B. The forms, schedules, and instructions can be found in the Blackboard course under instructor resources or at the IRS web site (www.irs.gov). The instructions for the forms can be helpful and can be found on the IRS web site. Ruben and Roxanne Rivera are married and have one child, Rudy, who is 19. Rudy is currently working at EP Fitness and earned $7,800 from personal training. He is attending UTEP full time, lives at home with his parents, and plans to graduate with a degree in nursing. The Rivera's also support Roxanne's father, Ben who lives in a small apartment down the street. Ben earns $10,000 a year from Home Depot and Roxanne pays most of his bills (food, rent, etc) for $2,000 per month. Ruben works as an engineer for the Airport Design, Inc (see W-2 information). Ruben also won $3,500 in a golf tournament at Painted Dunes. Roxanne is a nurse practitioner and works at Eastern Urgent Care (see W-2 information). She was unemployed earlier in the year and received $2,989 of unemployment compensation. Ruben and Roxanne own their home and pay interest on their home loan (balance of $322,000, original loan was on 12/2/2015 for $398,000) and a personal loan to pay for two other cars they own for $39,000. Ruben and Roxanne want to file either married filing jointly or married filing separately, whichever is best for tax purposes. Based on this information and the information below, prepare Ruben and Roxanne's 2019 Federal tax return. The Rivera's do not want to contribute to the presidential election campaign. The Rivera's live at 112 Nueces Ave, El Paso, TX 79922 Ruben's birthday is 9/2/1975 and his Social Security number is 544-21-4569 Roxanne's birthday is 12/2/1979 and her Social Security number is 542-47-1217 Rudy's birthday is 6/1/2000 and his Social Security number is 553-44-1995 Ben Solis' birthday is 10/4/1956 and his Social Security #is 522-73-9004 The Rivera's do not have any foreign bank accounts or trusts Do not consider AMT tax for this tax return A $500 credit is available for dependents claimed on the tax return over 18 years' old x return. The Rivera's have summarized the income and expenses they expect to report this year as follows: Income Ruben's W2 Information: Salary Federal income tax withheld State income tax withheld Social Security tax withheld Medicare tax withheld 72,822 8,700 0 4,515 1,056 Roxanne's W2 Information Federal income tax withheld State income tax withheld Social Security tax withheld Medicare tax withheld 43,240 13,575 0 2,681 627 Interest income from bank account at Bank of America Ordinary Dividend income from Epipen Stock Tax exempt interest income from Ft Stockton City municipal bond funds 1,450 2,075 979 Expenditures: Sales taxes paid in 2019 (Ruben keeps receipts) Real estate taxes paid on residence Automobile license tax (based on weight) Home mortgage interest paid Interest paid on Discover Credit Card Interest paid on loan for autos Medical Expenses (unreimbursed) Roxanne's Medical Prescriptions Rudy's computer for school Tax Preparation fees Cash contributions to Beto O'Rourke election campaign Cash contributions to the Rescue Mission (Ruben has receipts) 1,250 10,006 320 17,002 422 3,275 12,086 1,325 1,699 1,200 1,050 2,150 s to fill in the For Tax Return #1 Ruben and Roxanne Rivera Use the following information to complete Ruben and Roxanne Rivera's 2019 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. For this first tax return assignment, I will tell you what forms you will need. You need the following forms to complete this tax return: Form 1040, Schedule 1, Schedule A, and Schedule B. The forms, schedules, and instructions can be found in the Blackboard course under instructor resources or at the IRS web site (www.irs.gov). The instructions for the forms can be helpful and can be found on the IRS web site. Ruben and Roxanne Rivera are married and have one child, Rudy, who is 19. Rudy is currently working at EP Fitness and earned $7,800 from personal training. He is attending UTEP full time, lives at home with his parents, and plans to graduate with a degree in nursing. The Rivera's also support Roxanne's father, Ben who lives in a small apartment down the street. Ben earns $10,000 a year from Home Depot and Roxanne pays most of his bills (food, rent, etc) for $2,000 per month. Ruben works as an engineer for the Airport Design, Inc (see W-2 information). Ruben also won $3,500 in a golf tournament at Painted Dunes. Roxanne is a nurse practitioner and works at Eastern Urgent Care (see W-2 information). She was unemployed earlier in the year and received $2,989 of unemployment compensation. Ruben and Roxanne own their home and pay interest on their home loan (balance of $322,000, original loan was on 12/2/2015 for $398,000) and a personal loan to pay for two other cars they own for $39,000. Ruben and Roxanne want to file either married filing jointly or married filing separately, whichever is best for tax purposes. Based on this information and the information below, prepare Ruben and Roxanne's 2019 Federal tax return. The Rivera's do not want to contribute to the presidential election campaign. The Rivera's live at 112 Nueces Ave, El Paso, TX 79922 Ruben's birthday is 9/2/1975 and his Social Security number is 544-21-4569 Roxanne's birthday is 12/2/1979 and her Social Security number is 542-47-1217 Rudy's birthday is 6/1/2000 and his Social Security number is 553-44-1995 Ben Solis' birthday is 10/4/1956 and his Social Security #is 522-73-9004 The Rivera's do not have any foreign bank accounts or trusts Do not consider AMT tax for this tax return A $500 credit is available for dependents claimed on the tax return over 18 years' old x return. The Rivera's have summarized the income and expenses they expect to report this year as follows: Income Ruben's W2 Information: Salary Federal income tax withheld State income tax withheld Social Security tax withheld Medicare tax withheld 72,822 8,700 0 4,515 1,056 Roxanne's W2 Information Federal income tax withheld State income tax withheld Social Security tax withheld Medicare tax withheld 43,240 13,575 0 2,681 627 Interest income from bank account at Bank of America Ordinary Dividend income from Epipen Stock Tax exempt interest income from Ft Stockton City municipal bond funds 1,450 2,075 979 Expenditures: Sales taxes paid in 2019 (Ruben keeps receipts) Real estate taxes paid on residence Automobile license tax (based on weight) Home mortgage interest paid Interest paid on Discover Credit Card Interest paid on loan for autos Medical Expenses (unreimbursed) Roxanne's Medical Prescriptions Rudy's computer for school Tax Preparation fees Cash contributions to Beto O'Rourke election campaign Cash contributions to the Rescue Mission (Ruben has receipts) 1,250 10,006 320 17,002 422 3,275 12,086 1,325 1,699 1,200 1,050 2,150

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