th CUMULATIVE PROBLEM (CHAPTERS 1-6) Uhe farm 1040, schend Frm 244.llparties sign and dat en sa of Frank and Sandra the return on hol" theyfully support. Mandy ie 9, SSN 998-21-5246), Charles (a eir three and The Andersons fle a joine nefurend as a customer service reps follmplored Frank A (SSN 811-36-3717) and Sandra K. (SSN 820-47.9231) Anderson mpeccively) reside at 2121 Ceneary Avenue, Middleron, CA 92657, with ages 4 ge 11 I-1827) o have $3 go to the Presidential 5247), and Casol (ape 14. SSN are as follows apign fund. Prak mled arewre as SocialMedicare come Tax Security Tax Wishbeld $3,503 2,501 $2.100 556.,300 $1.792 40,343 980 585 Frank Sandra Frank's employer provides hien with Full family health care coverage as a tax-free emplon also includes group-term hte insurance equal to 2 Part of Frank's compensation During the year, Frank reccived a $6,600 busincs travel expense reimbursement from his which was noe included on his Form W-2. By agreement with his employer, none of the plyer was for meals or catertainment. Frank must make an adequate accounting of his employer and rerurn any caxcess reimbursements. His daily business journal disbe January 2 (the daee of purchase) through December 31, he drove his own automobile 2f fom miles, of which 14,525 were work-relared. Frank's average miles, and his commuring miles toal 1.440 for the year. Sandra belongs to a car pool andd, is 6 his annual salary: The cost so the company for the premium was $24o. expenses to his e 29,151 roundtrip commuting distance to work every fourth weck. The family uses her car on vacations. Since Frank dislikes k drives reconds, he uses the standand mileage rate to detcrmine his car expense deduction. His substantpa business expenses are as follows: Travel expenses, exduding mcals entertainment, and car expenses Parking fees Meals and entertainment $2,168 210 560 91 Miscellancous expenses In August, Sandra earned $400 of interest when she cashed in a certificate of deposit from State Bank. The Middleton Farmers Bank credited $300 of interest to the Andersons' joint account during the year. The Andersons overpaid their 2017 state income taxes by $142 receivedtheir refund in June. The Andersons itemized deductions exceeded the standard deduction by $2,300 last year. ince they both work outside the home, they are unable to be there when their children return home from schbool This year the Andersons paid a neighbor, Gloria Dryden (SSN 992-31-4270), $%4,100 to care for Mandy and Charles in her home after school hours and during the summer vacation period while the Andersons were at work. Gloria's address is 2132 Century Avenue, Middleton, CA 92657 th CUMULATIVE PROBLEM (CHAPTERS 1-6) Uhe farm 1040, schend Frm 244.llparties sign and dat en sa of Frank and Sandra the return on hol" theyfully support. Mandy ie 9, SSN 998-21-5246), Charles (a eir three and The Andersons fle a joine nefurend as a customer service reps follmplored Frank A (SSN 811-36-3717) and Sandra K. (SSN 820-47.9231) Anderson mpeccively) reside at 2121 Ceneary Avenue, Middleron, CA 92657, with ages 4 ge 11 I-1827) o have $3 go to the Presidential 5247), and Casol (ape 14. SSN are as follows apign fund. Prak mled arewre as SocialMedicare come Tax Security Tax Wishbeld $3,503 2,501 $2.100 556.,300 $1.792 40,343 980 585 Frank Sandra Frank's employer provides hien with Full family health care coverage as a tax-free emplon also includes group-term hte insurance equal to 2 Part of Frank's compensation During the year, Frank reccived a $6,600 busincs travel expense reimbursement from his which was noe included on his Form W-2. By agreement with his employer, none of the plyer was for meals or catertainment. Frank must make an adequate accounting of his employer and rerurn any caxcess reimbursements. His daily business journal disbe January 2 (the daee of purchase) through December 31, he drove his own automobile 2f fom miles, of which 14,525 were work-relared. Frank's average miles, and his commuring miles toal 1.440 for the year. Sandra belongs to a car pool andd, is 6 his annual salary: The cost so the company for the premium was $24o. expenses to his e 29,151 roundtrip commuting distance to work every fourth weck. The family uses her car on vacations. Since Frank dislikes k drives reconds, he uses the standand mileage rate to detcrmine his car expense deduction. His substantpa business expenses are as follows: Travel expenses, exduding mcals entertainment, and car expenses Parking fees Meals and entertainment $2,168 210 560 91 Miscellancous expenses In August, Sandra earned $400 of interest when she cashed in a certificate of deposit from State Bank. The Middleton Farmers Bank credited $300 of interest to the Andersons' joint account during the year. The Andersons overpaid their 2017 state income taxes by $142 receivedtheir refund in June. The Andersons itemized deductions exceeded the standard deduction by $2,300 last year. ince they both work outside the home, they are unable to be there when their children return home from schbool This year the Andersons paid a neighbor, Gloria Dryden (SSN 992-31-4270), $%4,100 to care for Mandy and Charles in her home after school hours and during the summer vacation period while the Andersons were at work. Gloria's address is 2132 Century Avenue, Middleton, CA 92657