worksheets. Tax Return Problem 2 In 2018, John and Shannon O'Banion. who live at 3222 Pinon Drive, Mesa, CO 81643, m CO 81643, file as as married filing jointly. John's social security number is 412-34-5670 (date of birth 5/12/1980), and Shannon's is 412-34-5671 (date of birth 11/3/1982). John and Shannon had qualitying health care coverage at all times during the tax year. John's W-2 contained the following information: Wages (box 1) = $66,346.74 Federal W/H (box 2) = $ 6,583.85 Social security wages (box 3) = $66,346.74 Social security W/H (box 4) = $ 4,113.50 Medicare wages (box 5) = $66,346.74 Medicare W/H (box 6) = $ 962.03 Shannon did not work for the year due to a medical condition but did receive unemployment compensation of $2,711 for the year with no federal withholding. In the same year, they had the following medical costs: $2,150 8,350 835 75 Shannon's prescribed diabetes medication Shannon's hospital charges Shannon's regular physician visits Shannon's eye doctor Shannon's diabetes blood testing supplies Insurance reimbursements 185 1.910 In addition, they had the following other expenses: $4,950 4,170 500 765 2,135 State income taxes Real estate property taxes Car loan interest Personal property taxes Cash charitable contributions (made ratably throughout the year to their church) Mortgage interest expense Union dues for John Tax preparation fees 575 175 Prepare a Form 1040 with a Schedule 1 and Schedule A for the O'Banions using appropriate worksheets. worksheets. Tax Return Problem 2 In 2018, John and Shannon O'Banion. who live at 3222 Pinon Drive, Mesa, CO 81643, m CO 81643, file as as married filing jointly. John's social security number is 412-34-5670 (date of birth 5/12/1980), and Shannon's is 412-34-5671 (date of birth 11/3/1982). John and Shannon had qualitying health care coverage at all times during the tax year. John's W-2 contained the following information: Wages (box 1) = $66,346.74 Federal W/H (box 2) = $ 6,583.85 Social security wages (box 3) = $66,346.74 Social security W/H (box 4) = $ 4,113.50 Medicare wages (box 5) = $66,346.74 Medicare W/H (box 6) = $ 962.03 Shannon did not work for the year due to a medical condition but did receive unemployment compensation of $2,711 for the year with no federal withholding. In the same year, they had the following medical costs: $2,150 8,350 835 75 Shannon's prescribed diabetes medication Shannon's hospital charges Shannon's regular physician visits Shannon's eye doctor Shannon's diabetes blood testing supplies Insurance reimbursements 185 1.910 In addition, they had the following other expenses: $4,950 4,170 500 765 2,135 State income taxes Real estate property taxes Car loan interest Personal property taxes Cash charitable contributions (made ratably throughout the year to their church) Mortgage interest expense Union dues for John Tax preparation fees 575 175 Prepare a Form 1040 with a Schedule 1 and Schedule A for the O'Banions using appropriate worksheets
