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Scenario: Ken (birthdate July 1, 1987) and Amy (birthdate July 4, 1989) Booth have brought you the following information regarding their income, expenses, and withholding

Scenario: Ken (birthdate July 1, 1987) and Amy (birthdate July 4, 1989) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income.

Ken's salary (salesman) $28,345

Amy's wages (part-time nurse) 17,490

Insurance reimbursement for repairs from an auto accident 500

Gift from Uncle George 2000

Interest income from Lodge State Bank 833

Federal income taxes withheld:

From Ken's salary 2,600

From Amy's wages 650

Amy owns and operates a computer bookstore named "The Disk Drive." The store is located at 2000 Broadway Street, Menomonie, WI 54751. The business EIN is 271234567 and the principal business code for bookstores is 451211. During 2018, Amy had the following income and expenses:

Sales of boooks $320,985

Expenses

Store rental 15,985

Office expense 6,150

Advertising 11,700

City Business license 1,020

payroll 83,550

Payroll taxes 8,392

Utilities 8,050

Other 3,000

Cost of inventory sold 184,855

Amy treats inventory as non-incidental materials and supplies. This year, Amy loaned a friend $10,000 so that he could make an investment. Instead of making the investment, the friend lost all the money gambling and left for parts unknown. Amy has no hope of ever collecting on this bad debt.

Ken, who ordinarily never gambles, won $20,000 at a casino birthday party for one of his friends.

The Booths provide the sole support for Ken's parents, Rod (Social Security number 124-80-9050) and Mary (Social Security number 489-37-6676) Booth, who live in their own home. Ken and Amy live at 2345 Wilson Avenue, Menomonie, WI, 54751, and their Social Security numbers are 343-75-3456 (Ken) and 123-45-7890 (Amy).

Question: I need help filling out the Wisconsin Income Tax 2018 Form based on the above data.

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