The Smiths have two children who live with them: Sandy and Judy. Both are full-time students. Sandy is an accomplished singer and made $4,200 during the year performing at special events. Sandy deposits her earnings in a savings account intended to help cover future college expenses.
The Form W-2 Amy receives from her employer reflects wages of $35,000. Appropriate amounts for Social Security and Medicare taxes were deducted. Income tax withholdings were $1,320 for Federal and $1,056 for state. The Smiths made quarterly tax payments of $3,500 for Federal and $1,000 for state on each of the following dates: April 15, 2011; June 15, 2011; September 15, 2011; and January 15, 2012. Relevant Social Security numbers are provided below:
|
Name
|
SSN
|
DOB
|
|
David Smith
|
111-11-1111
|
06/06/1969
|
|
Amy Smith
|
123-45-6789
|
08/14/1970
|
|
Ron Smith
|
987-65-4321
|
03/12/1934
|
|
Sandy Smith
|
222-33-4444
|
09/13/1993
|
|
Judy Smith
|
555-66-7777
|
07/20/1991
|