The assignment is to prepare a tax return using the information provided below for Nicole Student. Nicole is a student at U of I and is claimed as a dependent by her parents. She lives at 523 East Healy, Champaign, IL 61820. She earned the following income:

W-2 from XYZ Company

Wages 6447

Federal withholding 588

State Withholding 274 Interest income from Busey Bank of 13

Dividends from Walt Disney Stock of 47. These are qualified dividends.

You should use form 1040 for Nicole.

All forms and instructions needed can be found at www.IRS.gov

Use only 2019 forms and tax rates when preparing the return. You may either hand write the forms or use the fill in feature at the IRS website.