Janice Morgan is 17 and in her senior year of high school. She lives with her parents
Question:
Janice Morgan is 17 and in her senior year of high school. She lives with her parents at 7829 Dowry Lane, Boston, MA 02112, and they are her primary source of support and claim her as a dependent. She is covered under their health insurance plan. Her Social Security number is 988-77-6543. She elects to contribute to the Presidential Election Campaign fund. From January through May of the current tax year, Janice took care of two children on weekends and earned $1,600. Her employer did not withhold any federal income tax but did withhold the proper amount of FICA taxes. During the summer, she then worked full-time at a fast-food restaurant and during the remainder of the year she worked part-time. Her earnings totaled $5,580 from which the employer withheld $255 for federal income taxes along with her FICA taxes. Janice’s only other income was $210 in interest on her savings account. She had no foreign accounts. Complete a Form 1040EZ for Janice using the latest year form available on the IRS website at www.irs.gov.
Step by Step Answer:
Taxation For Decision Makers 2019
ISBN: 9781119497288
9th Edition
Authors: Shirley Dennis Escoffier, Karen A. Fortin