Question
Tax Return-Individual Number One Instructions: Please complete the 2016 federal income tax return for Jonathan Hales. Be sure to include only required tax forms when
Tax Return-Individual Number One
Instructions:
Please complete the 2016 federal income tax return for Jonathan Hales. Be sure to include only required tax forms when completing the tax return. Ignore the requirement to attach the form(s) W-2 to the front page of the Form 1040. If required information is missing, use reasonable assumptions to fill in the gaps.
Jonathan Hales attended State University as a part-time student during the year. Jonathan lived at home with his parents while working a part-time job. The following information relates to 2016:
Jonathans Social Security number is 546-87-9876
His mailing address is 123 Spring Lane, Willow, Texas 77521
Jonathan is a U.S .citizen
Jonathan was single during the entire year
Jonathan turned 19 on July 1
Jonathan does not have any children or provide support for anyone but himself
Jonathan lived in a room in the basement of his parents home for all 12 months of the year
For the year Jonathans parents provided $8,500 of support including room and board a car, health insurance, clothing, education, and car insurance.
Jonathan was included on his fathers qualified minimum health insurance coverage plan for all 12 months during the year.
Jonathan received the following income during the year:
Employer | Gross Wages | Federal Income Tax Withholding | State Income Tax Withholding |
The Colony | 2,675 | 0 | 0 |
Rock Climbing, LLC | 790 | 0 | 0 |
Community Pool, Inc. | 4,235 | 175 | 0 |
All applicable and appropriate payroll taxes were withheld by his various employers.
Jonathan received $15 in interest income from the First Bank of Texas during the year. Jonathan did not own, control or manage any foreign bank accounts nor was he a grantor or beneficiary of a foreign trust during the tax year.
Jonathan had no itemized deductions.
Jonathan does not want to contribute to the Presidential Election Campaign. He would like to receive a refund (if any) of any tax he may have overpaid for the year. His preferred method of receiving the refund is by check.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started