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You are provided the following information from the taxpayers' 2019 tax return 1 . 10.000 ta . GOOD Ta on AST 10.000 22.00 110.000 O

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You are provided the following information from the taxpayers' 2019 tax return 1 . 10.000 ta . GOOD Ta on AST 10.000 22.00 110.000 O Te . 10 110 A 12.30 104159 Additional Information: 1) The amount in wages represents amounts received for working part of the year an employee at Google 2) The taxpayers qualify for the married filing jointly filing status 3) They do not itemize their deductions 4) The taxpayers paid $1,000 for student loan interest during 2019. 5) The amount reported in line 4c represents 100% of the proceeds received from an annuity contract purchased two years prior. The contract calls for the taxpayer to receive payments every month for the rest of their life Required: Identify four errors in the information reported on the 2019 tax return. You do not need to recalculate any amounts, just indicate the error. For instance, if the axpayer reported $10,000 of tax-exempt interest on line 2a, and the additional Information indicated that all of the interest was from corporate bonds you would write something similar to: Taxable interest is improperly classified as tax-exempt. You are provided the following information from the taxpayers' 2019 tax return 1 . 10.000 ta . GOOD Ta on AST 10.000 22.00 110.000 O Te . 10 110 A 12.30 104159 Additional Information: 1) The amount in wages represents amounts received for working part of the year an employee at Google 2) The taxpayers qualify for the married filing jointly filing status 3) They do not itemize their deductions 4) The taxpayers paid $1,000 for student loan interest during 2019. 5) The amount reported in line 4c represents 100% of the proceeds received from an annuity contract purchased two years prior. The contract calls for the taxpayer to receive payments every month for the rest of their life Required: Identify four errors in the information reported on the 2019 tax return. You do not need to recalculate any amounts, just indicate the error. For instance, if the axpayer reported $10,000 of tax-exempt interest on line 2a, and the additional Information indicated that all of the interest was from corporate bonds you would write something similar to: Taxable interest is improperly classified as tax-exempt

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