Albert Gaytor and his wife Allison are married and file a joint return for 2016. The Gaytors live at 12340 Cocoshell Road, Coral Gables, FL 33134. Mr. Gaytor is a charter fishing boat captain but took 6 months off from his job in 2016 to train and study for his Masters Captain's License.
In 2016, Albert received a Form W-2 from his employer, Coconut Grove Fishing Charters, Inc.:

The Gaytors have a 17-year-old son, Crocker, who is enrolled in the eleventh grade at the Bucholz Preparatory School. The Gaytors also have an 18-year-old daughter, Cayman, who is a part-time freshman student at Dade County Community College (DCCC). Cayman is married to Sean Slacker, who is 19 years old and a part-time student at DCCC. Sean and Cayman have a 1-year-old child, Wanda Slacker (Social Security number 648-99-4306). Sean, Cayman, and Wanda all live in an apartment up the street from Albert and Allison during the entire current calendar year. Sean and Cayman both work for Sean's wealthy grandfather as apprentices in his business. Their wages for the year were a combined $50,000, which allowed them to pay all the personal expenses for themselves and their daughter. Albert and Allison have savings account and received the following Form 1099:

Complete Form 1040 for Albert and Allison Gaytor for 2016. Be sure to save your data input files since this case will be expanded with more tax information in later chapters. Make assumptions regarding any information not given.

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a Employee's social security number 266-51-1966 Safe, accurate, Visit the IRS website at Pfile www.irs.govlele ARS OMB No. 1545-0008 FAST! Use b Employer identification number EIN 60-3456789 c Employar's name, address, and ZIP code 1 Wages, ips, odier compersation 65,250.00 3 Social socurity wages 2 Federal income tax withhek 6,120.00 Social security tax withheld 4 65,250.00 5 Medicare wages and tips 4,045.50 6 Medicare tax withheld 946.13 Coconut Grove Fishing Charters, Inc. 2432 Bay Blvd. Coconut Grove, FL 33133 65,250.00 7 Social security tips 8 Allocated tips 10 Dependent care benefits d Control number 12a See instructions for box 12 • Employee's first name and initial Sutf. 11 Nonqualified plans Last name Albert T. Gaytor 13 y emplopes Hetrenent pan Ted ca aick pay 12b 12340 Cocoshell Road 14 Other 120 Coral Gables, FL 33134 12d I Employee's address and ZIP code 15 St FL | 17 State income tax Employer's state ID number 16 State wages, tips, etc. 18 Local wages, tips, etc. 19 Local income tax 20 Locality name Form W-2 Wage and Tax Statement 2016 Dapartment of the Treasury-Intemal Revenue Service Copy B-To Be Filed With Employee's FEDERAL Tax Return. This information is being furnished to the Internal Revenue Service. Name Social Security Number Date of Birth 09/22/1967 Albert T. Gaytor 266-51-1966 Allison A. Gaytor 07/01/1968 12/21/1999 266-34-1967 261-55-1212 Crocker Gaytor Cayman Slacker 261-11-4444 03/13/1998 Sean Slacker 344-23-5656 05/01/1997