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Using the facts from the problem, prepare a 2018 tax return (Form 1040, pages 1 and 2 AND Schedule A). The total federal withholding is

Using the facts from the problem, prepare a 2018 tax return (Form 1040, pages 1 and 2 AND Schedule A).
The total federal withholding is $7,300, NOT $8,300. image text in transcribed
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Provide the following that would be reported on Lance and Wanda Dean's Form 1040. 1. Filing status and dependents: The taxpayers' filing status: Married filing jointly Qualifies as the taxpayers' dependent: Select "Yes" or "No". PennyYes Kyle: Yes 2. Calculate taxable gross income. $103100 3. Calculate the total adjustments for AGI. $5000 4. Calculate adjusted gross income. 98100 5. Calculate the greater of the standard deduction or itemized deductions. $24000 6. Calculate total taxable income. $74100 7. Calculate the income tax liability. $ 8511 8. Calculate the total tax credits available $2500 9 Calculate total withholding and tax payments $6300 10. Calculate the amount overpaid (refund): $289 11. Calculate the amount of taxes owed: Provide the following that would be reported on Lance and Wanda Dean's Schedule A 1. Calculate the deduction allowed for medical expenses. 2. Calculate the deduction for taxes $ 7800 3. Calculate the deduction for interest 6000 4. Calculate the charitable contribution deduction allowed. $ 3600 5. Calculate total itemized deductions. $17400

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