this is my tax project can you please fill this form completely? i would really approciate it. there are several forms. like 1040, schedule A,B,C,D,E and 1,2,3

This is the most clear picture i can take.

please try to look by zooming in and you will see everything very clearly

Page 1 ACCT 3721 Income The Project Fall 2021 Tax Project Based on the information provided below, complete 2020 Form 1040 und any supporting cheduleforms for Boban Melis Grant A Kentucky state income tax retumis not required. You should complete this tax retum manually using the form available from the IRS website, www.cit. You may not use aware to assist in preparing the forms. You may find the form instructions helpful in completing this meet. Mane provide a list of assumptions you make if my Your project will he graded wject to any reasonable assuntos listed. You do not need to close AMT. The 1040 all supporting documents are to be trand et positional One hundred points are signed to this project Due Date Project is due to later than September 29, at 11:59 pm You are to work on this assignment individually. Working on this siment o discussing it with others is not permitted Please include your name in the paid preparer's box of the 1040 Attach cover letter summaticing the return.churende dietetives Deturn Bob and Melissa Gruntare married and live in Lexington, Kentucky, The Grants lave four children: Robert (age 22. college student). Judge 17). Judy Cage 12 and Alana (age. The Grants would like to file a joint tax return for the yeat. The following information relates to the Grant's tax year Bob's Social Security number is 987-45-1234 Melissa's Social Security number is 494-37.6) Robert's Social Security number is 412-32-4670 Jared's Social Security seris 412-32-560 Jady's Social Security number is 412-32-7690 Alina's Social Security number is 412-32-8640 The Grants mailing address is 95 Hickory Road, Lexington, Kentucky 40502 Robert, Jared, Judy and Alana are tax dependents for federal tax purposes How Bob Grunt received the following during the year Employer Gross Wages Federal Income Tax Withholding National Storage 590,000 520,000 Lexington Little Lead SR500 0 State Income Tax Withholding 56,200 0 Melissa Grant received the following during the year Employer Gross Wager Federal Income Tax Withholding Jensen Photography 532.000 $3,500 State Income Tax Withholding $1,500 All applicable and appropriate payroll taxes were withheld by Grants respective employers Melissa has a small photography business. She provided you with the following information for 2020 Page 2 Income Weddings and Reception: $15,000 infot Photo Rection $2.500 fees Family Putri 512.000 in fees . Prography Supplie: 54.000 Mileage: 500 miles Office Supplies 5500 Props and Backgrounds 5700 Advertising $200 Camera and Lee: $2.500 The Grants paid $12,000 to the tiniversity of Key for Robertation and fees in 2020 The Grunts sold 100 shares of Excom Mobilstock on July 1.2030. Below is the information relating to the mock sale Purchase Date: Juary 1, 2010 Purchase Price: 505 per share Selling Price: 565 per share Commodeer 51 per share The Grants also received the following during this year Interest Income from Fiat Kentucky Blok Interest Income from City of London, KY Bond Interest Income from US Treasury lond Interest Income from Nevada Suate School Board Bond Workers Compensation payments to Bob 59.000 52300 54.500 S250 57.150 Disability payments received by Bob on account of injury 59.500 National Storage paid 100% of premiums the premiums on the policy and included the premium payments in Bob's taxable wages Melissa received the following as a result of a lawsuit for damages sustained in a car nocident: Medical Expenses $ 9,500 - Emotional Distress $35.000 Punitive Damages 590,000 December 12, 2020 was the Guns lucky day! They won a raffle price of a new 2021 Ford Mustang valued at $60,000. They paid 10% in Federal and 56 in state income taxes of the value of the car Bob received an inheritance from his favorite uncle, James Robert, in the amount of $150,000 in cash, on November 30, 2020 The Grant's rent a garage apartment to Robert's best friend, Ricky, for $2.500 a month. The total expenses for the year were $3.500, which consisted of utilities only. In addition, depreciation for the year on the apartment is $3,000 Bob paid his ex-wife $25,000 in alimony in 2020. They divorced in 2013. Eight years ago, Melissa purchased an annuity contract for $70,000. This year, she received her first payment on the suity. The payment amount was $10,000. The annuity started to pay on January 1, and she received a full first year's payment. It will pay her $10,000 per year for ten Page 3 years (beginning with this yeur) The $10,000 payment was reported to Melissa on form 1099-R for the current year (box 7 contained an entry of "7" on the form). The Grants did not own, control or manage any foreign bank accounts nor were they a grantor or beneficiary of a foreign trust during the tux year. The Grants paid or incurred the following expenses during the year, $9.000 5700 $400 Dentist'Orthodontist (unreimbursed by insurance) Doctors (unreimbursed by insuranc) Prescriptions (unreimbursed by insurance) KY state tax payment made on 4/15/20 for 2019 tax liability Real property taxes on residence Vehicle property tax based upon age of vehicle Mortgage interest on principal residence Interest paid on borrowed money to purchase the City of Lexington, KY municipal bonds $1,500 58,500 $ 250 520,500 $ 500 Interest paid on borrowed money to purchase U.S. Treasury bonds $ 300 Contribution to the Red Cross 55.000 Contribution to Senator Rick Taylor's Re-election Campaign $3,500 Contribution to First Baptist Church of Kentucky 520,000 Fees paid to Jones & Company, CPAs for tax preparation $ 1.500 In addition, Bob drove 8,750 miles commuting to work and Melissa drove 6.500 miles commuting to work. Both the Grants have represented to you that they maintained careful logs to support their respective milcage. The Grants drove 900 miles in total to receive medical treatment at hospitals and doctor offices in 2020 The Grants want to contribute to the Presidential Election Campaign. The Grants would like to receive a refund (if any) of any tax they may have overpaid for the year. Their preferred method of receiving the refund is by check. Page 1 ACCT 3721 Income The Project Fall 2021 Tax Project Based on the information provided below, complete 2020 Form 1040 und any supporting cheduleforms for Boban Melis Grant A Kentucky state income tax retumis not required. You should complete this tax retum manually using the form available from the IRS website, www.cit. You may not use aware to assist in preparing the forms. You may find the form instructions helpful in completing this meet. Mane provide a list of assumptions you make if my Your project will he graded wject to any reasonable assuntos listed. You do not need to close AMT. The 1040 all supporting documents are to be trand et positional One hundred points are signed to this project Due Date Project is due to later than September 29, at 11:59 pm You are to work on this assignment individually. Working on this siment o discussing it with others is not permitted Please include your name in the paid preparer's box of the 1040 Attach cover letter summaticing the return.churende dietetives Deturn Bob and Melissa Gruntare married and live in Lexington, Kentucky, The Grants lave four children: Robert (age 22. college student). Judge 17). Judy Cage 12 and Alana (age. The Grants would like to file a joint tax return for the yeat. The following information relates to the Grant's tax year Bob's Social Security number is 987-45-1234 Melissa's Social Security number is 494-37.6) Robert's Social Security number is 412-32-4670 Jared's Social Security seris 412-32-560 Jady's Social Security number is 412-32-7690 Alina's Social Security number is 412-32-8640 The Grants mailing address is 95 Hickory Road, Lexington, Kentucky 40502 Robert, Jared, Judy and Alana are tax dependents for federal tax purposes How Bob Grunt received the following during the year Employer Gross Wages Federal Income Tax Withholding National Storage 590,000 520,000 Lexington Little Lead SR500 0 State Income Tax Withholding 56,200 0 Melissa Grant received the following during the year Employer Gross Wager Federal Income Tax Withholding Jensen Photography 532.000 $3,500 State Income Tax Withholding $1,500 All applicable and appropriate payroll taxes were withheld by Grants respective employers Melissa has a small photography business. She provided you with the following information for 2020 Page 2 Income Weddings and Reception: $15,000 infot Photo Rection $2.500 fees Family Putri 512.000 in fees . Prography Supplie: 54.000 Mileage: 500 miles Office Supplies 5500 Props and Backgrounds 5700 Advertising $200 Camera and Lee: $2.500 The Grants paid $12,000 to the tiniversity of Key for Robertation and fees in 2020 The Grunts sold 100 shares of Excom Mobilstock on July 1.2030. Below is the information relating to the mock sale Purchase Date: Juary 1, 2010 Purchase Price: 505 per share Selling Price: 565 per share Commodeer 51 per share The Grants also received the following during this year Interest Income from Fiat Kentucky Blok Interest Income from City of London, KY Bond Interest Income from US Treasury lond Interest Income from Nevada Suate School Board Bond Workers Compensation payments to Bob 59.000 52300 54.500 S250 57.150 Disability payments received by Bob on account of injury 59.500 National Storage paid 100% of premiums the premiums on the policy and included the premium payments in Bob's taxable wages Melissa received the following as a result of a lawsuit for damages sustained in a car nocident: Medical Expenses $ 9,500 - Emotional Distress $35.000 Punitive Damages 590,000 December 12, 2020 was the Guns lucky day! They won a raffle price of a new 2021 Ford Mustang valued at $60,000. They paid 10% in Federal and 56 in state income taxes of the value of the car Bob received an inheritance from his favorite uncle, James Robert, in the amount of $150,000 in cash, on November 30, 2020 The Grant's rent a garage apartment to Robert's best friend, Ricky, for $2.500 a month. The total expenses for the year were $3.500, which consisted of utilities only. In addition, depreciation for the year on the apartment is $3,000 Bob paid his ex-wife $25,000 in alimony in 2020. They divorced in 2013. Eight years ago, Melissa purchased an annuity contract for $70,000. This year, she received her first payment on the suity. The payment amount was $10,000. The annuity started to pay on January 1, and she received a full first year's payment. It will pay her $10,000 per year for ten Page 3 years (beginning with this yeur) The $10,000 payment was reported to Melissa on form 1099-R for the current year (box 7 contained an entry of "7" on the form). The Grants did not own, control or manage any foreign bank accounts nor were they a grantor or beneficiary of a foreign trust during the tux year. The Grants paid or incurred the following expenses during the year, $9.000 5700 $400 Dentist'Orthodontist (unreimbursed by insurance) Doctors (unreimbursed by insuranc) Prescriptions (unreimbursed by insurance) KY state tax payment made on 4/15/20 for 2019 tax liability Real property taxes on residence Vehicle property tax based upon age of vehicle Mortgage interest on principal residence Interest paid on borrowed money to purchase the City of Lexington, KY municipal bonds $1,500 58,500 $ 250 520,500 $ 500 Interest paid on borrowed money to purchase U.S. Treasury bonds $ 300 Contribution to the Red Cross 55.000 Contribution to Senator Rick Taylor's Re-election Campaign $3,500 Contribution to First Baptist Church of Kentucky 520,000 Fees paid to Jones & Company, CPAs for tax preparation $ 1.500 In addition, Bob drove 8,750 miles commuting to work and Melissa drove 6.500 miles commuting to work. Both the Grants have represented to you that they maintained careful logs to support their respective milcage. The Grants drove 900 miles in total to receive medical treatment at hospitals and doctor offices in 2020 The Grants want to contribute to the Presidential Election Campaign. The Grants would like to receive a refund (if any) of any tax they may have overpaid for the year. Their preferred method of receiving the refund is by check