This is ferderal taxation

Prepare the 2017 Tax Return for Jack and Susie. (The forms can be obtained at https://www.irs.gov/forms-instructions.) The submission link will allow multiple attempts in case you forget to attach something you can go back in and resubmit all documents on a new submission.

Form 1040, pages 1 and 2

Schedule A

Schedule D

Form 8949

2016 Tax Return Information:

IMPORTANT: Use your last name for all four of the family members below.

Jack and Susie are married and have two minor children, Troy age 16 and Caleb, age 10. They are filing a joint return. They were both employed in 2017. Jack was unemployed for part of 2017 and received unemployment compensation. W-2 and a 1099-G information are provided below. Jack is a salesman and Susie is a medical assistant. All members of the family were covered by health insurance by Susies employer all year.

Social Security Numbers for each family member:

Jack 287-88-9810

Susie 294-66-7848

Troy 886-12-6352

Caleb 880-63-7224

Jack and Susies address is 8544 Wooded Lane, New Richmond, OH 45157.

They do not want $3 to go to the Presidential election campaign fund.

Receipts

Jacks salary $38,500 (From W-2)

Jacks unemployment $16,000 (From 1099-G)

Susies salary $42,100 (From W-2)

Ordinary Dividend income on Friendly Auto common stock $195 (From 1099-DIV)

Ordinary Dividend income on Pro Core common stock $15 (From 1099-DIV)

Disbursements

Medical expenses paid out of pocket $1,425

Real Estate Taxes on home $2,195

Mortgage Interest paid to 5/3 bank $6,744 (From 1098)

Interest paid on credit card $250

Charitable Contributions (all cash) $650

Withholding for state income taxes:

Jack $1,170 from employer (From W-2); no state taxes withheld from unemployment

Susie $2,900 from employer (From W-2)

Withholding for federal income taxes:

Jack $2,500 from employer and $950 from unemployment (From W-2 and 1099-G)

Susie $4,300 from employer (From W-2)

State income taxes paid for 2016 return paid in 2017 $268

In addition to the information above, Jack and Susie jointly purchased stock in various corporations over the past few years and below are their records in regards to stock purchases. (Assume they received 1099-Bs with no basis reported to the IRS. Also assume this is not qualified small business stock.) They sold 300 shares of Friendly Auto common stock on 10/5/2017 for $4,000. They sold 40 shares of Pro Core common stock on 10/8/2017 for $800.

Purchased 1,000 shares of Friendly Auto common stock on 2/15/2010for $10,000.

Purchased 40 shares of Pro Core common stock on 6/25/2017 for $450.