Tax Return

Required Determine the Federal income tax for 2017 for the Deans on a joint return by completing the appropriate forms. Use Form 1040 and Schedule A to complete this tax return. They do not want to contribute to the Presidential Election Campaign Fund. All members of the family had health care coverage for all of 2017. If an overpayment results, it is to be refunded to therm Make realistic assumptions about any missing data. Enter all amounts as positive numbers. If an amount box does not require an entry or the answer is zero, enter "o". . Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm. During 2017, the Deans had the following receipts: $101,000 Salaries ($60,000 for Lance, $41,000 for Wanda) Interest income- City of Albuquerque general purpose bonds Ford Motor company bonds Ally Bank certificate of deposit $900 250 400 1,550 Dividend income- $500 250 Dell Inc. General Motors Walmart Child support payments from John Allen Annual gifts from parents Settlement from Roadrunner Touring Company Lottery winnings Federal income tax refund (for tax year 2014) 200 950 ,200 26,000 90,000 600 400 Wanda was previously married to John Allen. When they divorced several years ago, Wanda was awarded custody of their two children, Penny and Kyle. (Note: Wanda has never issued a Form 8332 waiver.) Under the divorce decree, John was obligated to pay alimony and child support-the alimony payments were to terminate if Wanda remarried. In July, while going to lunch in downtown Santa Fe, Wanda was injured by a tour bus. As the driver was clearly at fault, the owner of the bus, Roadrunner Touring Company, paid her