Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use the following information to complete 2017 Form 1040 and 2017 Schedule A. You do not need to complete any additional forms that might be
Use the following information to complete 2017 Form 1040 and 2017 Schedule A. You do not need to complete any additional forms that might be mentioned on the 1040. You don’t need cents on a tax return so round to whole dollar. Ignore any phase out requirements or limitations, for example, don’t limit itemized deduction if AGI is greater than $156,900.
2 | |
Name | Luke Williams |
SSN | 888-88-8888 |
Age | 45 |
Other | |
Street Address | 7583 Circle Drive |
City | Phoenix |
State | Arizona |
Zip | 88888 |
Filing Status | Married Filing Jointly |
Spouse Name | Carlie Williams |
Spouse SSN | 123-45-6789 |
Spouse Age | 44 |
Dependent Name | Bennett Williams |
Dependent SSN | 123-46-9876 |
Dependent Age | 8 |
Dependent Name | Jack Williams |
Dependent SSN | 879-73-1597 |
Dependent Age | 19 |
Dependent Name | |
Dependent SSN | |
Dependent Age | |
1/2 of Self Employment Tax | 1,500 |
2017 Estimated Tax Payments | 2,000 |
Alimimony Paid | - |
Alimony Received | - |
Business Income | 20,000 |
Charitable Contributions by Check | 432 |
Credit for Childcare Expenses | 832 |
Eligible for Child Tax Credit | Yes; but evaluate age |
Educator Expenses | 800 |
Federal Income Tax Withheld | 8,000 |
Home Mortgage Interest | 1,397 |
IRA Deduction | - |
Medical Expenses | 6,500 |
Non-Taxable Interest | 50 |
Ordinary Dividends | 3,587 |
Other Income | |
Rental Income | - |
Real Estate Taxes | 6,851 |
Residential Energy Credit | - |
State Income Taxes | 2,800 |
State Sales Taxes | 3,200 |
Student Loan Interest | - |
Taxable Interest | 750 |
Tax Preparation Fees | 50 |
Unreimbursed Employee Expenses | 2,000 |
Unreimbursed Moving Expenses | - |
Vehicle Taxes (Personal Property Tax) | 768 |
Wages | 77,521 |
1040 For the year Jan. 1-Dec. 31, 2017, or other tax year beginning Your first name and initial If a joint return, spouse's first name and initial Foreign country name Home address (number and street). If you have a P.O. box, see instructions. Filing Status Check only one box. City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Exemptions Department of the Treasury-Internal Revenue Service (99) U.S. Individual Income Tax Return 2017 OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space 2017, ending ,20 See separate instructions. Your social security number If more than four dependents, see instructions and check here Income Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld. If you did not get a W-2, see instructions. Adjusted Gross Income 1 2 3 6a b c (1) First name 10 11 12 13 14 15a 16a 17 18 19 20a 21 22 23 24 25 26 27 28 29 Last name 30 31a 32 Last name 33 34 Single Married filing jointly if only one had income) Married filling separately. Enter spouse's SSN above and full name here. Last name Foreign province/state/county d Total number of exemptions claimed 8a 7 Wages, salaries, tips, etc. Attach Form(s) W-2 Taxable interest. Attach Schedule B if required Tax-exempt interest. Do not include on line 8a Ordinary dividends. Attach Schedule B if required b 9a b Qualified dividends *** 9b Taxable refunds, credits, or offsets of state and local income taxes Alimony received. Business income or (loss). Attach Schedule C or C-EZ Capital gain or (loss). Attach Schedule D if required. If not required, check here Other gains or (losses). Attach Form 4797. IRA distributions. 15a b Taxable amount Pensions and annuities 168 b Taxable amount Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E Farm income or (loss). Attach Schedule F Unemployment compensation Social security benefits 20a Other income. List type and amount Combine the amounts in the far right column for lines 7 through 21. This is your total income Educator expenses. 23 5 Yourself. If someone can claim you as a dependent, do not check box 6a Spouse Dependents: (2) Dependent's social security number (3) Dependent's relationship to you Penalty on early withdrawal of savings. Alimony paid b Recipient's SSN IRA deduction ... Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 or 2106-EZ Health savings account deduction. Attach Form 8889 Moving expenses. Attach Form 3903. Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction . Student loan interest deduction. Reserved for future use. Domestic production activities deduction. Attach Form 8903 8b 24 25 26 27 28 29 30 31a 32 Foreign postal code b Taxable amount 33 34 35 Apt. no. Head of household (with qualifying person). (See instructions) If the qualifying person is a child but not your dependent, enter this child's name here. Qualifying widow(er) (see instructions) 35 36 Add lines 23 through 35. 37 Subtract line 36 from line 22. This is your adjusted gross income For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. (4) child under age 17 qualifying for child tax credit (see instructions) + Spouse's social security number 0 Presidential Election Campaign Check here if you or your spouse it fing jointy, want $3 to go to this fund. Checking a box below will not change your tax or refund You Spouse + 7 Ba 9a 10 11 12 13 14 15b 16b 17 18 19 20b Make sure the SSN() above and on line 6e are correct. 21 22 36 37 Cat. No. 113208 Boxes checked on Ga and 6b No. of children on 6c who: lived with you did not live with you due to divorce or separation (see instructions) Dependents on c not entered above Add numbers on lines above Form 1040 (2017)
Step by Step Solution
★★★★★
3.40 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
Answer 1040 For the year Jan 1Dec 31 2017 or other tax year beginning Your first name and initial Lu...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