Jose and Dora Hernandez are married filing jointly. They are 50 and 45 years old, respectively....

Transcribed Image Text:

Jose and Dora Hernandez are married filing jointly. They are 50 and 45 years old, respectively. Their address is 32010 Lake Street, Atlanta, GA 30294. Additional information about Mr. and Mrs. Hernandez is as follows: Social security numbers: Jose: 412-34-5670 Date of birth: 4/23/1967 W-2 for Jose shows these amounts: Dora: 412-34-5671 Date of birth: 7/12/1972 W-2 for Dora shows these amounts: Wages (box 1) $45,800.00 Federal W/H (box 2) $ 6,160.00 Social security wages (box 3) $45,800.00 Social security W/H (box 4) - $ 2,839.60 Medicare wages (box 5) $45,800.00 Medicare W/H (box 6) - $ 664.10 Form 1099-INT for Jose and Dora shows this amount Box 1 $300.00 from City Bank. Wages (box 1) $31,000.00 Federal W/H (box 2) - $ 3,650.00 Social security wages (box 3) Social security W/H (box 4) Medicare wages (box 5) $31,000.00 $1,922.00 $31,000.00 Medicare W/H (box 6) - 5 449.50 Dependent: Daughter Adela is 5 years old. Her date of birth is 3/15/2012. Her social security number is 412-34-5672 Jose is a store manager, and Dora is a receptionist. Prepare the tax return for Mr. and Mrs. Hernandez using the appropriate form. They are entitled to a $1,000 child tax credit (this credit is discussed in Chapter 9). For now, enter the credit on the appropriate line of the form. Both Jose and Dora want to contribute to the presidential election campaign. Mr. and Mrs. Hernandez had qualifying health care coverage at all times during the tax year. (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers.) Hre the annranriate Tay Tables Jose and Dora Hernandez are married filing jointly. They are 50 and 45 years old, respectively. Their address is 32010 Lake Street, Atlanta, GA 30294. Additional information about Mr. and Mrs. Hernandez is as follows: Social security numbers: Jose: 412-34-5670 Date of birth: 4/23/1967 W-2 for Jose shows these amounts: Dora: 412-34-5671 Date of birth: 7/12/1972 W-2 for Dora shows these amounts: Wages (box 1) $45,800.00 Federal W/H (box 2) $ 6,160.00 Social security wages (box 3) $45,800.00 Social security W/H (box 4) - $ 2,839.60 Medicare wages (box 5) $45,800.00 Medicare W/H (box 6) - $ 664.10 Form 1099-INT for Jose and Dora shows this amount Box 1 $300.00 from City Bank. Wages (box 1) $31,000.00 Federal W/H (box 2) - $ 3,650.00 Social security wages (box 3) Social security W/H (box 4) Medicare wages (box 5) $31,000.00 $1,922.00 $31,000.00 Medicare W/H (box 6) - 5 449.50 Dependent: Daughter Adela is 5 years old. Her date of birth is 3/15/2012. Her social security number is 412-34-5672 Jose is a store manager, and Dora is a receptionist. Prepare the tax return for Mr. and Mrs. Hernandez using the appropriate form. They are entitled to a $1,000 child tax credit (this credit is discussed in Chapter 9). For now, enter the credit on the appropriate line of the form. Both Jose and Dora want to contribute to the presidential election campaign. Mr. and Mrs. Hernandez had qualifying health care coverage at all times during the tax year. (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers.) Hre the annranriate Tay Tables

Answer rating: 100% (QA)

To prepare the tax return for Mr and Mrs Hernandez well use Form 1040 which is the US Individual Inc... View the full answer