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Question:

Complete the subsequent tax return's 1040 and Schedule A.

Subsequent is a list of information for Amy and Peter Jones for the current tax year. Peter and Amy are married and have three children, Bryson, Aubrynne and Caden. They live at 1846 Joplin Way, Lakeville, MN 55022. Peter is a lawyer and Amy works part-time at a genetics research lab. The Jones' Social Security Numbers and ages are as given:

Name S.S. Number Age

Peter 215-60-1989 ,32

Amy 301-60-2828 ,28

Aubrynne 713-84-5555 ,5

Bryson 714-87-2222 ,3

Caden 714-89-1684 ,1

Peter's Salary: $70,000

Amy's Salary: $32,000

Items they want you to suppose for their itemized deduction:

Eyeglasses and eye exam for Aubrynne $600

Orthodontic work for Bryson to correct congenital defect 2,500

Medical insurance premiums 1,800

Withholding for state income taxes 7,200

Withholding for federal income taxes 16,000

State income taxes paid with last year's return 500

Property taxes on home 1,100

Property taxes on automobile 300

Interest on home 9,700

Interest on credit cards 200

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M9133140

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