Tax Research Project

In United States v. Windsor (570 U.S.___, 133 S. Ct. 2675 (2013)), the United States Supreme Court held that Section 3 of the Defense of Marriage Act is unconstitutional because it violates the equal protection principles of the Constitution. As a result of this ruling, the IRS issued Revenue Ruling 2013-17, which recognizes same-sex marriages for Federal tax purposes if the individuals are lawfully married under state law. As a general rule, the IRS will recognize

a marriage of same-sex individuals that was validly entered into in a state whose laws authorize the marriage of two individuals of the same sex even if the married couple is domiciled in a state that does not recognize the validity of same-sex marriages. (Rev. Rul 2013-17)

This ruling applies prospectively as of September 16, 2013. In addition, the ruling may be relied upon in filing amended tax returns for any open year.

Assume it is March 2014 and you are a senior associate at Ernest, Frank, and George, CPAs. Your clients are Andrew Bond and Charles Davis. They were lawfully married in Massachusetts in 2006. They reside in Orlando, FL a state with no individual income tax. They have provided you with their Federal tax returns for 2010, 2011, and 2012 (provided in a separate file), which were timely filed using the Single filing status. They would like to know if they should amend their tax returns for these years using the Married Filing Joint status. Additionally, they want to know which filing status they should use for 2013, Married Filing Joint or Married Filing Separate.

Andrew and Charles have provided the following additional information:

• 2010
  • Andrew worked full time as an engineer.
  • Charles had an unpaid internship during the spring semester. He took graduate courses during the summer session and started working as the activities director in the fall.
• 2011
  • Andrew worked full time.
  • Charles worked full time.
• 2012
  • Andrew worked during the first few months of the year, but then took a sabbatical to take care of his sick mother.
  • Charles worked full time.
  • Neither made any charitable contributions.
• 2013
  • Andrew worked full time.
  • Charles worked full time.
  • Neither made any charitable contributions.

Your manager, Harry Idleman, has asked you to prepare an analysis of the tax situation for Andrew and Charles. Specifically:

• Should they amend their 2010 tax returns?
• Should they amend their 2011 tax returns?
• Should they amend their 2012 tax returns?
• What filing status should they use to file their 2013 tax returns?

To allow you to focus on the analysis, Harry asked a staff member to prepare mock Married Filing Joint tax returns for 2010 ? 2012 (provided in a separate file). For 2013, the staff member prepared proforma tax returns using the Married Filing Joint and Married Filing Separate filing statuses.

Deliverable: Please provide a memo to the file with your recommendations and supporting calculations regarding the decision to amend prior year returns and the appropriate filing status to use for the 2013 tax return.

• Harry also asked you to prepare a memo documenting several topics illustrated by this case.
• Several deductions and credits were affected by the choice of filing status and AGI levels when the tax returns were combined.
• Please document the impact of filing status and AGI on phase-outs for each year, e.g. in 2010, Andrew?s AGI is too high to claim the deduction for student loan interest when filing Single.
• The memo should also include your findings about the marriage tax penalty, when it is likely to exist, and how this case exemplifies this issue.
• Please provide a memo to the file documenting the impact of filing status and AGI on phase-outs and a brief discussion of the marriage tax penalty.

Deliverable: Memo to the file regarding the impact of filing status and AGI on phase-outs and the impact of the marriage tax penalty.

Additionally, Andrew and Charles would like to know if Andrew should itemize his deductions for 2013 if they file Married Filing Separate. They would also like to know if there are any tax or non-tax issues, other than refund status, they should consider before amending their tax returns. Please prepare a letter to the client regarding the results of your analysis as well as addressing these issues.

Deliverable: Client letter discussing which, if any, returns to amend, your filing status recommendation for 2013, if they should itemize their deductions for 2013, and any other issues they should consider before amending returns and selecting a filing status.

Form Department of the Treasury 1040A Name, Address, and SSN ' Internal Revenue Service U.S. Individual Income Tax Return Your first name and initial 2010 IRS Use Only ' Do not write or staple in this space. OMB No. 1545-0074 Your social security number CHARLES DAVIS If a joint return, spouse's first name and initial See separate instructions (99) Last name 223-45-6456 Last name Spouse's social security number Home address (number and street). If you have a P.O. box, see instructions. Apartment no. J 123 MAIN STREET City, town or post office. If you have a foreign address, see instructions. State FL Orlando Presidential Election Campaign Filing status 32806 Checking a box below will not change your tax or refund G Check here if you, or your spouse if filing jointly, want $3 to go to this fund (see instructions) . . . G You Spouse 1 X Single 4 Head of household (with qualifying person). (See instructions.) 2 Married filing jointly (even if only one had income) 3 Married filing separately. Enter spouse's SSN above and If the qualifying person is a child but not your dependent, enter this child's name here full name here G Check only one box. Exemptions ZIP code Make sure the SSN(s) above and on line 6c are correct. 5 G Qualifying widow(er) with dependent child (see instructions) 6a X Yourself. If someone can claim you as a dependent, do not check box 6a b Spouse (1) Boxes checked on 6a and 6b . . . . . 1 ........................................................................... c Dependents: If more than six dependents, see instructions. ............ First name (2) Dependent's social security number Last name (3) Dependent's relationship to you b (4) if child under age 17 qual for child tax cr (see instrs) No. of children on 6c who: lived with you . . . . . . ? ? did not live with you due to divorce or separation (see instructions) . . . Dependents on 6c not entered above . . d Total number of exemptions claimed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Add numbers on lines above G 1 Income 7 Attach Form(s) W-2 here. Also attach Form(s) 1099-R if tax was withheld. Wages, salaries, tips, etc. Attach Form(s) W-2 ......................................... 8 a Taxable interest. Attach Schedule B if required b Tax-exempt interest. Do not include on line 8a ........................................ ...................... 9 a Ordinary dividends. Attach Schedule B if required b Qualified dividends (see instructions) 10 Capital gain distributions (see instructions) 11 a IRA distributions .............. 12 a Pensions and annuities ........ 9a 9b ............................................ 10 11 a 11 b Taxable amount ...... 11 b 12 a 12 b Taxable amount ...... 12 b If you did not get a W-2, see instructions. 13 Enclose, but do not attach, any payment. Also, please use Form 1040-V. 14 a Social security benefits . . . . . . . . . . . . . . . . . . . . . . 14 a Unemployment compensation and Alaska Permanent Fund dividends (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 14 b Taxable amount 15 Add lines 7 through 14b (far right column). This is your total income 16 Educator expenses (see instructions) 17 IRA deduction (see instructions) 18 Student loan interest deduction (see instructions) 19 Tuition and fees. Attach Form 8917 20 Add lines 16 through 19. These are your total adjustments 21 Adjusted gross income 25,000. 8a 8b ...................................... ...................... 7 Subtract line 20 from line 15. This is your adjusted gross income ...................... 14 b G 15 25,000. 16 ........................... ...... .................. 17 ........... 18 ........................ 19 500. ............................. ..................... BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. FDIA1312 01/08/11 20 G 21 500. 24,500. Form 1040A (2010) Form 1040A (2010) Tax, credits, and payments CHARLES DAVIS 22 23 a Check if: Page 2 223-45-6456 Enter the amount from line 21 (adjusted gross income) 22 You were born before January 2, 1946, Blind Spouse was born before January 2, 1946, Blind 24,500. 24 ................................. 5,700. 18,800. 3,650. Total boxes checked . G 23 a b If you are married filing separately and your spouse itemizes deductions, see instructions and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G 23 b 24 Enter your standard deduction (see instructions) 25 Subtract line 24 from line 22. If line 24 is more than line 22, enter -0- . . . . . . . . . . . . . . . . . . . . 25 26 Exemptions. Multiply $3,650 by the number on line 6d 27 Subtract line 26 from line 25. If line 26 is more than line 25, enter -0-. This is your taxable income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G 27 Tax, including any alternative minimum tax (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 28 ...................................... 26 ................................. 15,150. 1,858. 29 Credit for child and dependent care expenses. Attach Form 2441 30 Credit for the elderly or the disabled. Attach Schedule R 31 Education credits from Form 8863, line 23 32 Retirement savings contributions credit. Attach Form 8880 33 Child tax credit (see instructions) 34 35 36 Add lines 29 through 33. These are your total credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Subtract line 34 from line 28. If line 34 is more than line 28, enter -0- . . . . . . . . . . . . . . . . . . . . 35 Advance earned income credit payments from Form(s) W-2, box 9 . . . . . . . . . . . . . . . . . . . . . . 36 1,025. 833. G 37 2,000. 833. ..... 30 .................. 31 ... 33 Add lines 35 and 36. This is your total tax 38 39 Federal income tax withheld from Forms W-2 and 1099 ........................................... 38 ...... 2010 estimated tax payments and amount applied from 2009 return . 39 Making work pay credit. Attach Schedule M 40 1,000. 25. 32 .......................... 37 If you have a qualifying child, attach Schedule EIC. 29 .......... 40 41 a Earned income credit (EIC) ................. 400. 41 a ............................... b Nontaxable combat pay election. 41 b 42 43 44 Add lines 38, 39, 40, 41a, 42, and 43. These are your total payments 45 Refund Additional child tax credit. Attach Form 8812 . . . . . . . . . . . . . . . . 42 American opportunity credit from Form 8863, line 14 . . . . . . . . 43 If line 44 is more than line 37, subtract line 37 from line 44. This is the amount you overpaid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 ................................ G 44 46 a Amount of line 45 you want refunded to you. If Form 8888 is attached, check here . . G Direct deposit? See instructions and fill in 46b, 46c, and 46d or Form 8888. G b Routing number XXXXXXXXX .......... Checking Savings 47 Estimated tax penalty (see instructions) Designee's name Sign here Phone no. G .......... Yes. Complete the following. Personal identification number (PIN) G X No G Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and accurately list all amounts and sources of income I received during the tax year. Declaration of preparer (other than the taxpayer) is based on all information of which the preparer has any knowledge. Daytime phone number Your signature Date Your occupation A ACTIVITIES DIRECTOR Spouse's signature. If a joint return, both must sign. Print/Type preparer's name Paid preparer use only G 48 49 .................... Do you want to allow another person to discuss this return with the IRS (see instructions)? Third party designee Keep a copy for your records. Amount you owe. Subtract line 44 from line 37. For details on how to pay, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 Joint return? See instructions. Amount of line 45 you want applied to your 2011 estimated tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 48 Amount you owe 1,567. 1,567. 46 a XXXXXXXXXXXXXXXXX G d Account number G c Type: .......... 2,400. Date Preparer's signature Spouse's occupation Date Check G if PTIN self-employed G address G Firm's name Firm's Self-Prepared Firm's EIN G Phone no. Form 1040A (2010) FDIA1312 01/08/11 Form OMB No. 1545-0074 Education Credits (American Opportunity and Lifetime Learning Credits) 8863 Department of the Treasury Internal Revenue Service (99) 2010 G See separate instructions to find out if you are eligible to take the credits. G Attach to Form 1040 or Form 1040A. Name(s) shown on return Attachment Sequence No. 50 Your social security number CHARLES DAVIS 223-45-6456 CAUTION! You cannot take both an education credit and the tuition and fees deduction (see Form 8917) for the same student for the same year. Part I American Opportunity Credit Caution: You cannot take the American opportunity credit for more than 4 tax years for the same student. 1 (a) Student's name (as shown on page 1 of your tax return) First name (b) Student's social security number (as shown on page 1 of your tax return) Last name 2 (c) Qualified expenses (see instructions). Do not enter more than $4,000 for each student. (d) Subtract $2,000 from the amount in column (c). If zero or less, enter -0- (e) Multiply the amount in column (d) by 25% (.25) Tentative American opportunity credit. Add the amounts on line 1, column (f). If you are taking the lifetime learning credit for a different student, go to Part II; otherwise, go to Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G Part II (f) If column (d) is zero, enter the amount from column (c). Otherwise, add $2,000 to the amount in column (e). 2 Lifetime Learning Credit. Caution: You cannot take the American opportunity credit and the lifetime learning credit for the same student in the same year. 3 (b) Student's social security number (as shown on page 1 of your tax return) (a) Student's name (as shown on page 1 of your tax return) First name Last name CHARLES DAVIS 223-45-6456 5,000. 4 Add the amounts on line 3, column (c), and enter the total ................................................ 4 5 Enter the smaller of line 4 or $10,000 ................................................................... 5 6 Tentative lifetime learning credit. Multiply line 5 by 20% (.20). If you have an entry on line 2, go to Part III; otherwise go to Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 BAA For Paperwork Reduction Act Notice, see your tax return instructions. FDIA3601 12/31/10 (c) Qualified expenses (see instructions) 5,000. 5,000. 1,000. Form 8863 (2010) Form 8863 (2010) Part III CHARLES DAVIS Refundable American Opportunity Credit 223-45-6456 7 Enter the amount from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Enter: $180,000 if married filing jointly; $90,000 if single, head of household, or qualifying widow(er) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Enter the amount from Form 1040, line 38,* or Form 1040A, line 22 Page 2 9 ............ 10 Subtract line 9 from line 8. If zero or less, stop; you cannot take any education credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 Enter: $20,000 if married filing jointly; $10,000 if single, head of household, or qualifying widow(er) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12 7 If line 10 is: ? ? 13 14 . Equal to or more than line 11, enter 1.000 on line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less than line 11, divide line 10 by line 11. Enter the result as a decimal (rounded to at least three places) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ........... Multiply line 7 by line 12. Caution: If you were under age 24 at the end of the year and meet the conditions in the instructions, you cannot take the refundable American opportunity credit. Skip line 14, enter the amount from line 13 on line 15, and check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G 12 13 Refundable American opportunity credit. Multiply line 13 by 40% (.40). Enter the amount here and on Form 1040, line 66, or Form 1040A, line 43. Then go to line 15 below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Part IV Nonrefundable Education Credits 15 Subtract line 14 from line 13 16 Enter the amount from line 6, if any. If you have no entry on line 6, skip lines 17 through 22, and enter the amount from line 15 on line 6 of the Credit Limit Worksheet (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 17 Enter: $120,000 if married filing jointly; $60,000 if single, head of household, or qualifying widow(er) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 18 Enter the amount from Form 1040, line 38,* or Form 1040A, line 22 18 60,000. 24,500. 19 Subtract line 18 from line 17. If zero or less, skip lines 20 and 21, and enter zero on line 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 35,500. 20 Enter: $20,000 if married filing jointly; $10,000 if single, head of household, or qualifying widow(er) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 10,000. 21 If line 19 is: ............................................................................ ............ 15 ? Equal to or more than line 20, enter 1.000 on line 21 and go to line 22 .. ? Less than line 20, divide line 19 by line 20. Enter the result as a decimal (rounded to at least three places) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 1,000. 22 Multiply line 16 by line 21. Enter here and on line 1 of the Credit Limit Worksheet (see instructions) G 22 1.000 1,000. 23 Nonrefundable education credits. Enter the amount from line 11 of the Credit Limit Worksheet (see instructions) here and on Form 1040, line 49, or Form 1040A, line 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 1,000. ........ * If you are filing Form 2555, 2555-EZ, or 4563, or you are excluding income from Puerto Rico, see Pub 970 for the amount to enter. Form 8863 (2010) FDIA3601 12/31/10 Form 8880 OMB No. 1545-0074 Credit for Qualified Retirement Savings Contributions 2010 G Attach to Form 1040, Form 1040A, or Form 1040NR. G See instructions. Department of the Treasury Internal Revenue Service Attachment Sequence No. Name(s) shown on return CHARLES DAVIS 54 Your social security number 223-45-6456 CAUTION! You cannot take this credit if either of the following applies. ? The amount on Form 1040, line 38, Form 1040A, line 22, or Form 1040NR, line 37 is more than $27,750 ($41,625 if head of household; $55,500 if married filing jointly). ? The person(s) who made the qualified contribution or elective deferral (a) was born after January 1, 1993, (b) is claimed as a dependent on someone else's 2010 tax return, or (c) was a student (see instructions). (a) You 1 Traditional and Roth IRA contributions for 2010 Do not include rollover contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Elective deferrals to a 401(k) or other qualified employer plan, voluntary employee contributions, and 501(c)(18)(D) plan contributions for 2010 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Add lines 1 and 2 ........................................................... 3 4 Certain distributions received after 2007 and before the due date (including extensions) of your 2010 tax return (see instructions). If married filing jointly, include both spouses' amounts in both columns. See instructions for an exception . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Subtract line 4 from line 3. If zero or less, enter -0- 5 6 In each column, enter the smaller of line 5 or $2,000 7 Add the amounts on line 6. If zero, stop; you cannot take this credit 8 Enter the amount from Form 1040, line 38*; Form 1040A, line 22; or Form 1040NR, line 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 (b) Your spouse Enter the applicable decimal amount shown below: ........................... .......................... If line 8 is' 250. 250. 250. 250. 6 8 7 250. 9 ....................................... X 0.1000 10 25. 24,500. And your filing status is' Over' But not over' --$16,750 $18.000 $25,125 $27,000 $27,750 $33,500 $36,000 $41,625 $55,500 $16,750 $18,000 $25,125 $27,000 $27,750 $33,500 $36,000 $41,625 $55,500 --- Married filing jointly Head of household Single, Married filing separately, or Qualifying widow(er) Enter on line 9' .5 .5 .5 .5 .5 .5 .2 .1 .1 .0 .5 .5 .5 .2 .1 .1 .1 .1 .0 .0 .5 .2 .1 .1 .1 .0 .0 .0 .0 .0 Note: If line 9 is zero, stop; you cannot take this credit. 10 Multiply line 7 by line 9 11 Enter the amount from Form 1040, line 46; Form 1040A, line 28; or Form 1040NR, line 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12 1040 filers: Enter the total of your credits from lines 47 through 49, and Schedule R, line 22. 1040A filers: Enter the total of your credits from lines 29 through 31. ................................................................................. 1,858. .... 1040NR filers: Enter the total of your credits from lines 45 and 46. 12 1,000. 13 Subtract line 12 from line 11. If zero, stop; you cannot take this credit 13 858. 14 Credit for qualified retirement savings contributions. Enter the smaller of line 10 or line 13 here and on Form 1040, line 50; or Form 1040A, line 32; or Form 1040NR, line 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 25. ..................................... *See Publication 590 for the amount to enter if you are filing Form 2555, 2555-EZ, or 4563 or you are excluding income from Puerto Rico. BAA For Paperwork Reduction Act Notice, see your tax return instructions. FDIA9501 12/06/10 Form 8880 (2010) SCHEDULE M OMB No. 1545-0074 Making Work Pay Credit (Form 1040A or 1040) Department of the Treasury Internal Revenue Service G Attach to Form 1040A or 1040. (99) 2010 G See separate instructions. Attachment Sequence No. Name(s) shown on return CHARLES DAVIS 166 Your social security number 223-45-6456 Caution: To take the making work pay credit, you must include your social security number (if filing a joint return, the number of either you or your spouse) on your tax return. A social security number does not include an identification number issued by the IRS. Only the Social Security Administration issues social security numbers. Caution: You cannot take the making work pay credit if you can be claimed as someone else's dependent or if you are a nonresident alien. Important: Check the 'No' box on line 1a and see the instructions if: (a) You have a net loss from a business, (b) You received a taxable scholarship or fellowship grant not reported on a Form W-2, (c) Your wages include pay for work performed while an inmate in a penal institution, (d) You received a pension or annuity from a nonqualified deferred compensation plan or a nongovernmental section 457 plan, or (e) You are filing Form 2555 or 2555-EZ. 1 a Do you (and your spouse if filing jointly) have 2010 wages of more than $6,451 ($12,903 if married filing jointly)? X Yes. Skip lines 1a through 3. Enter $400 ($800 if married filing jointly) on line 4 and go to line 5. No. Enter your earned income (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . b Nontaxable combat pay included on line 1a (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 1b 2 Multiply line 1a by 6.2% (.062) 3 Enter $400 ($800 if married filing jointly) 4 Enter the smaller of line 2 or line 3 (unless you checked 'Yes' on line 1a) 5 Enter the amount from Form 1040, line 38*, or Form 1040A, line 22 6 Enter $75,000 ($150,000 if married filing jointly) 7 2 Is the amount on line 5 more than the amount on line 6? ............................................... ..................................... 3 .................................. ............ 5 6 400. 24,500. .............................. 4 75,000. X No. Skip line 8. Enter the amount from line 4 on line 9 below. Yes. Subtract line 6 from line 5 .......................................... 7 8 Multiply line 7 by 2% (.02) .............................................................................. 8 9 Subtract line 8 from line 4. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 400. 10 Did you (or your spouse, if filing jointly) receive an economic recovery payment in 2010? You may have received this payment in 2010 if you did not receive an economic recovery payment in 2009 but you received social security benefits, supplemental security income, railroad retirement benefits, or veterans disability compensation or pension benefits in November 2008, December 2008, or January 2009 (see instructions). Yes. Enter the total of the payments you (and your spouse, if filing jointly) received in 2010. Do not enter more than $250 ($500 if married filing jointly) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 0. Making work pay credit. Subtract line 10 from line 9. If zero or less, enter -0-. Enter the result here and on Form 1040, line 63; or Form 1040A, line 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 400. X No. Enter -0- on line 10 and go to line 11. 11 *If you are filing Form 2555, 2555-EZ, or 4563 or you are excluding income from Puerto Rico, see instructions. BAA For Paperwork Reduction Act Notice, see your tax return instructions. FDIA8501 09/20/10 Schedule M (Form 1040A or 1040) 2010 2012 Tax Returns ANDREW BOND 234-56-7890 123 MAIN STREET ORLANDO FL 32806 1 1 50,000. 2,500. 52,500. BAA REV 02/07/13 TTW 300. 300. 52,200. 52,200. 20,710. 31,490. 3,800. 27,690. 3,716. 3,716. 3,716. 3,716. 5,000. 5,000. 1,284. 1,284. X X X X X X X X X X X X X X X X X X X X X X X X X X ENGINEER SELF PREPARED REV 02/07/13 TTW SCHEDULE A (Form 1040) OMB No. 1545-0074 Itemized Deductions Department of the Treasury Internal Revenue Service (99) Information about Schedule A and its separate instructions is at www.irs.gov/form1040. Attach to Form 1040. Name(s) shown on Form 1040 ANDREW BOND Medical and Dental Expenses Taxes You Paid 1 2 3 4 5 6 7 8 Interest You Paid 9 10 11 Note. Your mortgage interest deduction may be limited (see instructions). 234-56-7890 Caution. Do not include expenses reimbursed or paid by others. Medical and dental expenses (see instructions) . . . . . 1 Enter amount from Form 1040, line 38 2 Multiply line 2 by 7.5% (.075) . . . . . . . . . . . 3 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . State and local (check only one box): a Income taxes, or . . . . . . . . . . . 5 b General sales taxes Real estate taxes (see instructions) . . . . . . . . . 6 Personal property taxes . . . . . . . . . . . . . 7 Other taxes. List type and amount 8 Add lines 5 through 8 . . . . . . . . . . . . . . . . Home mortgage interest and points reported to you on Form 1098 10 Home mortgage interest not reported to you on Form 1098. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address . . . } 11 12 Points not reported to you on Form 1098. See instructions for special rules . . . . . . . . . . . . . . . . . 12 13 Mortgage insurance premiums (see instructions) . . . . . 13 14 Investment interest. Attach Form 4952 if required. (See instructions.) 14 15 Add lines 10 through 14 . . . . . . . . . . . . . . . Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more, see instructions . . . . . . . . . . . . . . . . 16 Charity 17 Other than by cash or check. If any gift of $250 or more, see If you made a gift and got a instructions. You must attach Form 8283 if over $500 . . . 17 benefit for it, 18 Carryover from prior year . . . . . . . . . . . . 18 see instructions. 19 Add lines 16 through 18 . . . . . . . . . . . . . . . Casualty and Theft Losses 2012 Attachment Sequence No. 07 Your social security number 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) . . . . . 4 910. 7,800. . . . . . . 12,000. 9 8,710. 12,000. . . . . . . 15 . . . . . . 19 . . . . . . 20 Job Expenses 21 Unreimbursed employee expensesjob travel, union dues, and Certain job education, etc. Attach Form 2106 or 2106-EZ if required. Miscellaneous 21 (See instructions.) Deductions 22 Tax preparation fees . . . . . . . . . . . . . 22 150. 23 Other expensesinvestment, safe deposit box, etc. List type and amount Other Miscellaneous Deductions 24 25 26 27 28 23 Add lines 21 through 23 . . . . . . . . . . . . 24 52,200. Enter amount from Form 1040, line 38 25 Multiply line 25 by 2% (.02) . . . . . . . . . . . 26 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- . Otherfrom list in instructions. List type and amount 150. 1,044. . . . . . 27 0. 28 Total 29 Add the amounts in the far right column for lines 4 through 28. Also, enter this amount on Form 1040, line 40 . . . . . . . . . . . . . . . . . . . . . 29 Itemized Deductions 30 If you elect to itemize deductions even though they are less than your standard deduction, check here . . . . . . . . For Paperwork Reduction Act Notice, see Form 1040 instructions. BAA . . . . . . . . . REV 01/10/13 TTW . 20,710. . Schedule A (Form 1040) 2012 SCHEDULE B Department of the Treasury Internal Revenue Service (99) OMB No. 1545-0074 Interest and Ordinary Dividends (Form 1040A or 1040) Information Attach to Form 1040A or 1040. about Schedule B (Form 1040A or 1040) and its instructions is at www.irs.gov/form1040. Name(s) shown on return ANDREW BOND Part I 2012 Attachment Sequence No. 08 Your social security number 234-56-7890 1 Interest Amount List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see instructions on back and list this interest first. Also, show that buyer's social security number and address TEXAS BANK 2,500. (See instructions on back and the instructions for Form 1040A, or Form 1040, line 8a.) Note. If you received a Form 1099-INT, Form 1099-OID, or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. Part II 1 2 3 Add the amounts on line 1 . . . . . . . . . . Excludable interest on series EE and I U.S. savings Attach Form 8815 . . . . . . . . . . . . . 4 Subtract line 3 from line 2. Enter the result here and 1040, line 8a . . . . . . . . . . . . . . Note. If line 4 is over $1,500, you must complete Part III. List name of payer 5 . . . . . . . . bonds issued after 1989. . . . . . . . . on Form 1040A, or Form . . . . . . . . 2,500. 2 3 4 2,500. Amount Ordinary Dividends (See instructions on back and the instructions for Form 1040A, or Form 1040, line 9a.) Note. If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown on that form. Part III Foreign Accounts and Trusts (See instructions on back.) 5 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form 6 1040, line 9a . . . . . . . . . . . . . . . . . . . . . . Note. If line 6 is over $1,500, you must complete Part III. You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a foreign account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust. 7a Yes No At any time during 2012, did you have a financial interest in or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located in a foreign country? See instructions . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" are you required to file Form TD F 90-22.1 to report that financial interest or signature authority? See Form TD F 90-22.1 and its instructions for filing requirements and exceptions to those requirements . . . . . . . . . . . . . . . . . . . . . . . . . . b If you are required to file Form TD F 90-22.1, enter the name of the foreign country where the financial account is located 8 During 2012, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust? If \"Yes,\" you may have to file Form 3520. See instructions on back . . . . . . For Paperwork Reduction Act Notice, see your tax return instructions. BAA REV 11/13/12 TTW Schedule B (Form 1040A or 1040) 2012 Form Department of the TreasuryInternal Revenue Service 1040A U.S. Individual Income Tax Return (99) Your first name and initial 2012 IRS Use OnlyDo not write or staple in this space. Last name CHARLES OMB No. 1545-0074 Your social security number DAVIS If a joint return, spouse's first name and initial 223-45-6456 Last name Spouse's social security number Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Make sure the SSN(s) above and on line 6c are correct. 123 MAIN STREET City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Foreign country name Filing status Check only one box. Exemptions Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking Foreign postal code a box below will not change your tax or refund. You Spouse Foreign province/state/county 1 2 3 4 Single Head of household (with qualifying person). (See instructions.) Married filing jointly (even if only one had income) If the qualifying person is a child but not your dependent, enter this child's name here. Married filing separately. Enter spouse's SSN above and 5 Qualifying widow(er) with dependent child (see instructions) full name here. Boxes 6a Yourself. If someone can claim you as a dependent, do not check checked on box 6a. 1 6a and 6b No. of children b Spouse on 6c who: (4) if child under c Dependents: lived with (3) Dependent's } (2) Dependent's social security number If more than six dependents, see instructions. (1) First name relationship to you Last name age 17 qualifying for child tax credit (see instructions) you did not live with you due to divorce or separation (see instructions) Dependents on 6c not entered above Add numbers on lines above d Total number of exemptions claimed. Income Attach Form(s) W-2 here. Also attach Form(s) 1099-R if tax was withheld. If you did not get a W-2, see instructions. Enclose, but do not attach, any payment. Also, please use Form 1040-V. 7 Wages, salaries, tips, etc. Attach Form(s) W-2. 7 Taxable interest. Attach Schedule B if required. Tax-exempt interest. Do not include on line 8a. 8b Ordinary dividends. Attach Schedule B if required. 9b Qualified dividends (see instructions). Capital gain distributions (see instructions). IRA 11b Taxable amount distributions. 11a (see instructions). 12a Pensions and 12b Taxable amount annuities. 12a (see instructions). 8a b 9a b 10 11a 13 Unemployment compensation and Alaska Permanent Fund dividends. 14a Social security 14b Taxable amount benefits. 14a (see instructions). 50,000. 8a 9a 10 11b 12b 13 14b 15 50,000. Tuition and fees. Attach Form 8917. 19 Add lines 16 through 19. These are your total adjustments. 20 750. Subtract line 20 from line 15. This is your adjusted gross income. 21 15 Add lines 7 through 14b (far right column). This is your total income. 16 17 18 Educator expenses (see instructions). IRA deduction (see instructions). Student loan interest deduction (see instructions). 19 20 21 Adjusted gross income 1 16 17 18 750. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. BAA REV 01/28/13 TTW 49,250. Form 1040A (2012) 22 Page 2 49,250. 24 25 26 5,950. 43,300. 3,800. 27 28 39,500. 5,911. Form 1040A (2012) Tax, credits, 22 Enter the amount from line 21 (adjusted gross income). You were born before January 2, 1948, Blind Total boxes 23a Check and if: Spouse was born before January 2, 1948, Blind checked 23a payments { Standard Deduction for People who check any box on line 23a or 23b or who can be claimed as a dependent, see instructions. All others: Single or Married filing separately, $5,950 Married filing jointly or Qualifying widow(er), $11,900 Head of household, $8,700 If you have a qualifying child, attach Schedule EIC. Refund Direct deposit? See instructions and fill in 43b, 43c, and 43d or Form 8888. Amount you owe Third party designee Sign here Joint return? See instructions. Keep a copy for your records. Paid preparer use only } b If you are married filing separately and your spouse itemizes deductions, check here 23b 24 Enter your standard deduction. 25 Subtract line 24 from line 22. If line 24 is more than line 22, enter -0-. 26 Exemptions. Multiply $3,800 by the number on line 6d. 27 Subtract line 26 from line 25. If line 26 is more than line 25, enter -0-. This is your taxable income. 28 Tax, including any alternative minimum tax (see instructions). 29 Credit for child and dependent care expenses. Attach Form 2441. 29 30 Credit for the elderly or the disabled. Attach Schedule R. 30 31 Education credits from Form 8863, line 19. 31 32 Retirement savings contributions credit. Attach Form 8880. 32 33 Child tax credit. Attach Schedule 8812, if required. 33 34 Add lines 29 through 33. These are your total credits. 35 Subtract line 34 from line 28. If line 34 is more than line 28, enter -0-. This is your total tax. 36 Federal income tax withheld from Forms W-2 and 5,000. 1099. 36 37 2012 estimated tax payments and amount applied from 2011 return. 37 38a Earned income credit (EIC). 38a b Nontaxable combat pay 38b election. 39 Additional child tax credit. Attach Schedule 8812. 39 40 American opportunity credit from Form 8863, line 8. 40 41 Add lines 36, 37, 38a, 39, and 40. These are your total payments. 42 If line 41 is more than line 35, subtract line 35 from line 41. This is the amount you overpaid. 43a Amount of line 42 you want refunded to you. If Form 8888 is attached, check here b Routing X X X X X X X X X c Type: Checking Savings number d Account X X X X X X X X X X X X X X X X X number 44 Amount of line 42 you want applied to your 2013 estimated tax. 44 45 Amount you owe. Subtract line 41 from line 35. For details on how to pay, see instructions. 46 46 Estimated tax penalty (see instructions). Do you want to allow another person to discuss this return with the IRS (see instructions)? 34 35 5,911. 41 5,000. 42 43a 911. 45 Yes. Complete the following. No Designee's Phone Personal identification name no. number (PIN) Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and accurately list all amounts and sources of income I received during the tax year. Declaration of preparer (other than the taxpayer) is based on all information of which the preparer has any knowledge. Your occupation Daytime phone number Your signature Date ACTIVITIES DIRECTOR Spouse's signature. If a joint return, both must sign. Print/type preparer's name Firm's name Date Preparer's signature SELF PREPARED Spouse's occupation Date If the IRS sent you an Identity Protection PIN, enter it here (see inst.) PTIN Check if self-employed Firm's EIN Firm's address Phone no. REV 01/28/13 TTW Form 1040A (2012) ANDREW BOND 234-56-7890 CHARLES DAVIS 987-65-4321 123 MAIN STREET ORLANDO FL 32806 2 2 100,000. 2,500. 102,500. 1,050. 1,050. 101,450. BAA REV 02/07/13 TTW 101,450. 21,198. 80,252. 7,600. 72,652. 10,229. 10,229. 10,229. 10,229. 10,000. 10,000. X X X X X X X X X X X X X X X X X X X X X X X X X X 229. ENGINEER ACTIVITIES DIRECTOR SELF PREPARED REV 02/07/13 TTW SCHEDULE A (Form 1040) OMB No. 1545-0074 Itemized Deductions Department of the Treasury Internal Revenue Service (99) Information about Schedule A and its separate instructions is at www.irs.gov/form1040. Attach to Form 1040. Name(s) shown on Form 1040 ANDREW BOND & CHARLES DAVIS Medical and Dental Expenses Taxes You Paid 1 2 3 4 5 6 7 8 Interest You Paid 9 10 11 Note. Your mortgage interest deduction may be limited (see instructions). 234-56-7890 Caution. Do not include expenses reimbursed or paid by others. Medical and dental expenses (see instructions) . . . . . 1 Enter amount from Form 1040, line 38 2 Multiply line 2 by 7.5% (.075) . . . . . . . . . . . 3 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . State and local (check only one box): a Income taxes, or . . . . . . . . . . . 5 b General sales taxes Real estate taxes (see instructions) . . . . . . . . . 6 Personal property taxes . . . . . . . . . . . . . 7 Other taxes. List type and amount 8 Add lines 5 through 8 . . . . . . . . . . . . . . . . Home mortgage interest and points reported to you on Form 1098 10 Home mortgage interest not reported to you on Form 1098. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address . . . } 11 12 Points not reported to you on Form 1098. See instructions for special rules . . . . . . . . . . . . . . . . . 12 13 Mortgage insurance premiums (see instructions) . . . . . 13 14 Investment interest. Attach Form 4952 if required. (See instructions.) 14 15 Add lines 10 through 14 . . . . . . . . . . . . . . . Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more, see instructions . . . . . . . . . . . . . . . . 16 Charity 17 Other than by cash or check. If any gift of $250 or more, see If you made a gift and got a instructions. You must attach Form 8283 if over $500 . . . 17 benefit for it, 18 Carryover from prior year . . . . . . . . . . . . 18 see instructions. 19 Add lines 16 through 18 . . . . . . . . . . . . . . . Casualty and Theft Losses 2012 Attachment Sequence No. 07 Your social security number 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) . . . . . 4 1,398. 7,800. . . . . . . 12,000. 9 9,198. 12,000. . . . . . . 15 . . . . . . 19 . . . . . . 20 Job Expenses 21 Unreimbursed employee expensesjob travel, union dues, and Certain job education, etc. Attach Form 2106 or 2106-EZ if required. Miscellaneous 21 (See instructions.) Deductions 22 Tax preparation fees . . . . . . . . . . . . . 22 150. 23 Other expensesinvestment, safe deposit box, etc. List type and amount Other Miscellaneous Deductions 24 25 26 27 28 23 Add lines 21 through 23 . . . . . . . . . . . . 24 101,450. Enter amount from Form 1040, line 38 25 Multiply line 25 by 2% (.02) . . . . . . . . . . . 26 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- . Otherfrom list in instructions. List type and amount 150. 2,029. . . . . . 27 0. 28 Total 29 Add the amounts in the far right column for lines 4 through 28. Also, enter this amount on Form 1040, line 40 . . . . . . . . . . . . . . . . . . . . . 29 Itemized Deductions 30 If you elect to itemize deductions even though they are less than your standard deduction, check here . . . . . . . . For Paperwork Reduction Act Notice, see Form 1040 instructions. BAA . . . . . . . . . REV 01/10/13 TTW . 21,198. . Schedule A (Form 1040) 2012 SCHEDULE B Department of the Treasury Internal Revenue Service (99) OMB No. 1545-0074 Interest and Ordinary Dividends (Form 1040A or 1040) Information Attach to Form 1040A or 1040. about Schedule B (Form 1040A or 1040) and its instructions is at www.irs.gov/form1040. Name(s) shown on return ANDREW BOND & CHARLES DAVIS Part I 1 Interest 2012 Attachment Sequence No. 08 Your social security number 234-56-7890 Amount List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see instructions on back and list this interest first. Also, show that buyer's social security number and address TEXAS BANK 2,500. (See instructions on back and the instructions for Form 1040A, or Form 1040, line 8a.) Note. If you received a Form 1099-INT, Form 1099-OID, or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. Part II 1 2 3 Add the amounts on line 1 . . . . . . . . . . Excludable interest on series EE and I U.S. savings Attach Form 8815 . . . . . . . . . . . . . 4 Subtract line 3 from line 2. Enter the result here and 1040, line 8a . . . . . . . . . . . . . . Note. If line 4 is over $1,500, you must complete Part III. List name of payer 5 . . . . . . . . bonds issued after 1989. . . . . . . . . on Form 1040A, or Form . . . . . . . . 2,500. 2 3 4 2,500. Amount Ordinary Dividends (See instructions on back and the instructions for Form 1040A, or Form 1040, line 9a.) Note. If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown on that form. Part III Foreign Accounts and Trusts (See instructions on back.) 5 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form 6 1040, line 9a . . . . . . . . . . . . . . . . . . . . . . Note. If line 6 is over $1,500, you must complete Part III. You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a foreign account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust. 7a Yes No At any time during 2012, did you have a financial interest in or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located in a foreign country? See instructions . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" are you required to file Form TD F 90-22.1 to report that financial interest or signature authority? See Form TD F 90-22.1 and its instructions for filing requirements and exceptions to those requirements . . . . . . . . . . . . . . . . . . . . . . . . . . b If you are required to file Form TD F 90-22.1, enter the name of the foreign country where the financial account is located 8 During 2012, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust? If \"Yes,\" you may have to file Form 3520. See instructions on back . . . . . . For Paperwork Reduction Act Notice, see your tax return instructions. BAA REV 11/13/12 TTW Schedule B (Form 1040A or 1040) 2012 2013 Tax Returns Form 1040 2013 (99) Department of the TreasuryInternal Revenue Service U.S. Individual Income Tax Return For the year Jan. 1-Dec. 31, 2013, or other tax year beginning OMB No. 1545-0074 , 2013, ending IRS Use OnlyDo not write or staple in this space. See separate instructions. , 20 Your social security number Last name Your first name and initial 234-56-7890 BOND ANDREW Spouse's social security number Last name If a joint return, spouse's first name and initial 223-45-6456 Apt. no. Home address (number and street). If you have a P.O. box, see instructions. 123 MAIN STREET City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking Foreign postal code a box below will not change your tax or refund. You Spouse ORLANDO FL 32806 Foreign country name Filing Status Check only one box. Exemptions Foreign province/state/county 1 4 Single Married filing jointly (even if only one had income) 2 3 c Head of household (with qualifying person). (See instructions.) If the qualifying person is a child but not your dependent, enter this child's name here. Married filing separately. Enter spouse's SSN above and full name here. CHARLES DAVIS 6a b 5 Qualifying widow(er) with dependent child Yourself. If someone can claim you as a dependent, do not check box 6a . Spouse . Dependents: (1) First name . . . . . . . . . . . (2) Dependent's social security number Last name . . . . . . . . . . . . . . . . } (4) if child under age 17 qualifying for child tax credit (see instructions) (3) Dependent's relationship to you . . . . . . . . . . . . . . . . . . . . 7 . 8b . . . . . . . . . 8a . . . . . . . Total number of exemptions claimed . . . 10 11 . . . . . . . . . . . . 12 13 14 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . Capital gain or (loss). Attach Schedule D if required. If not required, check here Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . 12 13 14 15a 16a 17 IRA distributions . 15a b Taxable amount . . . Pensions and annuities 16a b Taxable amount . . . Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 15b 16b 17 Farm income or (loss). Attach Schedule F . Unemployment compensation . . . . Social security benefits 20a 18 19 20b 21 22 See Line 21 Statement Other income. List type and amount Combine the amounts in the far right column for lines 7 through 21. This is your total income Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . 8a b 9a Taxable interest. Attach Schedule B if required . Tax-exempt interest. Do not include on line 8a . Ordinary dividends. Attach Schedule B if required . . . . . . . b . . . . . . . . 23 Educator expenses 24 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 or 2106-EZ 25 26 Health savings account deduction. Attach Form 8889 Moving expenses. Attach Form 3903 . . . . . 27 28 29 Deductible part of self-employment tax. Attach Schedule SE . Self-employed SEP, SIMPLE, and qualified plans . . Self-employed health insurance deduction . . . . 30 31a 32 Penalty on early withdrawal of savings . . . . . . Alimony paid b Recipient's SSN IRA deduction . . . . . . . . . . . . . 33 34 35 Adjusted Gross Income Student loan interest deduction . . Tuition and fees. Attach Form 8917 . . . . . . . . . . . . . 36 37 . . . . . . . . . . . . . . . . . . . . . b Taxable amount . . . . . . . . . . . 1 10 11 7 . Add numbers on lines above 9a Qualified dividends . . . . . . . . . . . 9b Taxable refunds, credits, or offsets of state and local income taxes Alimony received . . . . . . . . . . . . . . . 18 19 20a If you did not get a W-2, see instructions. 1 Dependents on 6c not entered above d Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld. Boxes checked on 6a and 6b No. of children on 6c who: lived with you did not live with you due to divorce or separation (see instructions) If more than four dependents, see instructions and check here Income Make sure the SSN(s) above and on line 6c are correct. 21 22 110,000. 3,000. -29,000. 84,000. 23 . . . 24 25 26 27 28 29 30 31a 32 33 34 Domestic production activities deduction. Attach Form 8903 35 Add lines 23 through 35 . . . . . . . . . . . . . Subtract line 36 from line 22. This is your adjusted gross income . . . . . . For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. BAA . . . . . 36 37 REV 06/04/14 TTW Form 84,000. 1040 (2013) Page 2 84,000. Form 1040 (2013) Tax and Credits Standard Deduction for People who check any box on line 39a or 39b or who can be claimed as a dependent, see instructions. All others: Single or Married filing separately, $6,100 Married filing jointly or Qualifying widow(er), $12,200 Head of household, $8,950 Other Taxes 38 Amount from line 37 (adjusted gross income) 39a Check if: If you have a qualifying child, attach Schedule EIC. . . . . You were born before January 2, 1949, Spouse was born before January 2, 1949, . . Blind. Blind. . } . . . . . 38 . Total boxes checked 39a If your spouse itemizes on a separate return or you were a dual-status alien, check here 39b 40 41 Itemized deductions (from Schedule A) or your standard deduction (see left margin) Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . . . 42 43 Exemptions. If line 38 is $150,000 or less, multiply $3,900 by the number on line 6d. Otherwise, see instructions Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . . Form 4972 c Tax (see instructions). Check if any from: a Form(s) 8814 b b 44 45 46 Alternative minimum tax (see instructions). Attach Form 6251 . Add lines 44 and 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b . . . 8919 . . 44 45 46 . . 43 . . . Foreign tax credit. Attach Form 1116 if required . Credit for child and dependent care expenses. Attach Form 2441 Education credits from Form 8863, line 19 . . . . . Retirement savings contributions credit. Attach Form 8880 Child tax credit. Attach Schedule 8812, if required . . . Residential energy credits. Attach Form 5695 . . . . 52 3800 b 8801 c Other credits from Form: a 53 Add lines 47 through 53. These are your total credits . . . . . Subtract line 54 from line 46. If line 54 is more than line 46, enter -0- 56 57 Self-employment tax. Attach Schedule SE . . . . Unreported social security and Medicare tax from Form: 58 59a b Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required Household employment taxes from Schedule H . . . . . . . a 4137 . . . . First-time homebuyer credit repayment. Attach Form 5405 if required . . . . Form 8959 b Form 8960 c Instructions; enter code(s) Taxes from: a . . . . . . . 58 59a 59b . . . . . . . . . . . 62 63 Federal income tax withheld from Forms W-2 and 1099 . . 2013 estimated tax payments and amount applied from 2012 return 64a b Earned income credit (EIC) . . . . . . Nontaxable combat pay election 64b Additional child tax credit. Attach Schedule 8812 . . . . . . . . . . . . . . 60 61 65 66 . . . . . . . . . . . . . 69 70 71 72 Excess social security and tier 1 RRTA tax withheld . . . . 69 Credit for federal tax on fuels. Attach Form 4136 . . . . 70 Credits from Form: a 2439 b Reserved c 8885 d 71 Add lines 62, 63, 64a, and 65 through 71. These are your total payments . 73 If line 72 is more than line 61, subtract line 61 from line 72. This is the amount you overpaid 74a b d Amount of line 73 you want refunded to you. If Form 8888 is attached, check here . Routing number Checking Savings X X X X X X X X X c Type: Account number X X X X X X X X X X X X X X X X X Amount of line 73 you want applied to your 2014 estimated tax 75 Amount you owe. Subtract line 72 from line 61. For details on how to pay, see instructions Amount You Owe Third Party Designee Sign Here Paid Preparer Use Only 67 68 . . . . Designee's name Phone no. 13,000. 2,290. 2,290. 72 73 77 77 Estimated tax penalty (see instructions) . . . . . . . Do you want to allow another person to discuss this return with the IRS (see instructions)? 74a 76 Yes. Complete below. No Personal identification number (PIN) Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Your signature Date Your occupation Spouse's signature. If a joint return, both must sign. Date Spouse's occupation Joint return? See instructions. Keep a copy for your records. 75 76 10,710. 13,000. 62 63 64a American opportunity credit from Form 8863, line 8 . Reserved . . . . . . . . . . . . . Amount paid with request for extension to file . . Direct deposit? See instructions. 10,710. 55 56 57 . . Add lines 55 through 60. This is your total tax 65 66 54 67 68 Refund 10,710. 49 50 51 52 53 54 55 47 48 49 50 51 20,996. 63,004. 3,900. 59,104. 10,710. 40 41 42 . . . . 47 48 60 61 Payments { . ENGINEER Print/Type preparer's name Firm's name Daytime phone number Firm's address Preparer's signature Self-Prepared If the IRS sent you an Identity Protection PIN, enter it here (see inst.) PTIN Check if self-employed Date Firm's EIN Phone no. REV 06/04/14 TTW Form 1040 (2013) SCHEDULE A (Form 1040) OMB No. 1545-0074 Itemized Deductions Department of the Treasury Internal Revenue Service (99) Information about Schedule A and its separate instructions is at www.irs.gov/schedulea. Attach to Form 1040. Name(s) shown on Form 1040 ANDREW BOND Medical and Dental Expenses Taxes You Paid 1 2 3 4 5 6 7 8 Interest You Paid 9 10 11 Note. Your mortgage interest deduction may be limited (see instructions). 234-56-7890 Caution. Do not include expenses reimbursed or paid by others. Medical and dental expenses (see instructions) . . . . . 1 Enter amount from Form 1040, line 38 2 Multiply line 2 by 10% (.10). But if either you or your spouse was 3 born before January 2, 1949, multiply line 2 by 7.5% (.075) instead Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . State and local (check only one box): a Income taxes, or . . . . . . . . . . . 5 b General sales taxes Real estate taxes (see instructions) . . . . . . . . . 6 Personal property taxes . . . . . . . . . . . . . 7 Other taxes. List type and amount 8 Add lines 5 through 8 . . . . . . . . . . . . . . . . Home mortgage interest and points reported to you on Form 1098 10 Home mortgage interest not reported to you on Form 1098. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address . . . } 11 12 Points not reported to you on Form 1098. See instructions for special rules . . . . . . . . . . . . . . . . . 12 13 Mortgage insurance premiums (see instructions) . . . . . 13 14 Investment interest. Attach Form 4952 if required. (See instructions.) 14 15 Add lines 10 through 14 . . . . . . . . . . . . . . . Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more, see instructions . . . . . . . . . . . . . . . . 16 Charity 17 Other than by cash or check. If any gift of $250 or more, see If you made a gift and got a instructions. You must attach Form 8283 if over $500 . . . 17 benefit for it, 18 Carryover from prior year . . . . . . . . . . . . 18 see instructions. 19 Add lines 16 through 18 . . . . . . . . . . . . . . . Casualty and Theft Losses 2013 Attachment Sequence No. 07 Your social security number 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) . . . . . 4 1,096. 7,900. . . . . . . 9 8,996. 12,000. 12,000. . . . . . . 15 . . . . . . 19 . . . . . . 20 Job Expenses 21 Unreimbursed employee expensesjob travel, union dues, and Certain job education, etc. Attach Form 2106 or 2106-EZ if required. Miscellaneous 21 (See instructions.) Deductions 22 Tax preparation fees . . . . . . . . . . . . . 22 150. 23 Other expensesinvestment, safe deposit box, etc. List type and amount Other Miscellaneous Deductions 24 25 26 27 28 23 Add lines 21 through 23 . . . . . . . . . . . . 24 84,000. Enter amount from Form 1040, line 38 25 Multiply line 25 by 2% (.02) . . . . . . . . . . . 26 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- . Otherfrom list in instructions. List type and amount 150. 1,680. . . . . . 27 0. 28 Total 29 Is Form 1040, line 38, over $150,000? Itemized No. Your deduction is not limited. Add the amounts in the far right column for lines 4 through 28. Also, enter this amount on Form 1040, line 40. Deductions } . Yes. Your deduction may be limited. See the Itemized Deductions Worksheet in the instructions to figure the amount to enter. 30 If you elect to itemize deductions even though they are less than your standard deduction, check here . . . . . . . . . . . . . . . . . . . For Paperwork Reduction Act Notice, see Form 1040 instructions. BAA REV 03/03/14 TTW . 29 20,996. Schedule A (Form 1040) 2013 SCHEDULE B Department of the Treasury Internal Revenue Service (99) OMB No. 1545-0074 Interest and Ordinary Dividends (Form 1040A or 1040) Attach to Form 1040A or 1040. Information about Schedule B (Form 1040A or 1040) and its instructions is at www.irs.gov/scheduleb. Name(s) shown on return ANDREW BOND Part I 2013 Attachment Sequence No. 08 Your social security number 234-56-7890 1 Interest Amount List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see instructions on back and list this interest first. Also, show that buyer's social security number and address TEXAS BANK 3,000. (See instructions on back and the instructions for Form 1040A, or Form 1040, line 8a.) Note. If you received a Form 1099-INT, Form 1099-OID, or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. Part II 1 2 3 Add the amounts on line 1 . . . . . . . . . . Excludable interest on series EE and I U.S. savings Attach Form 8815 . . . . . . . . . . . . . 4 Subtract line 3 from line 2. Enter the result here and 1040, line 8a . . . . . . . . . . . . . . Note. If line 4 is over $1,500, you must complete Part III. List name of payer 5 . . . . . . . . bonds issued after 1989. . . . . . . . . on Form 1040A, or Form . . . . . . . . 3,000. 2 3 3,000. 4 Amount Ordinary Dividends (See instructions on back and the instructions for Form 1040A, or Form 1040, line 9a.) Note. If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown on that form. Part III Foreign Accounts and Trusts (See instructions on back.) 5 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form 6 1040, line 9a . . . . . . . . . . . . . . . . . . . . . . Note. If line 6 is over $1,500, you must complete Part III. You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a foreign account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust. Yes No 7a At any time during 2013, did you have a financial interest in or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located in a foreign country? See instructions . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" are you required to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), formerly TD F 90-22.1, to report that financial interest or signature authority? See FinCEN Form 114 and its instructions for filing requirements and exceptions to those requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If you are required to file FinCEN Form 114, enter the name of the foreign country where the financial