Question: I need help filing out the actually forms!!! Complete the federal tax return below for the current tax year listed above.. Use Form 1040, Schedule

I need help filing out the actually forms!!!

Complete the federal tax return below for the current tax year listed above.. Use Form 1040, Schedule A, and Schedule B to complete this return

Jim Wallace (age 40) is a single taxpayer, and he lives at 1234 Hallmark Way, Warner Robins, GA 31088. His Social Security number is 555-94-9358. Jims earnings and withholdings as a manager of Best Buy for 2016 are:

Earnings from Best Buy $150,000

Federal Income Tax $24,000

State income tax withheld $0

Jims other income includes interest on a savings account at Robins Federal Credit Union for $10,075.

Jim also received a Form 1098 Mortgage Interest Statement from Wells Fargo showing mortgage interest paid on his house in the amount of $20,000 for 2016.

Jim pays his ex-wife $3,000 per month. When their 12-year old child (in the wifes custody) reaches 18, the payments reduce to $1,500 per month. His ex-wifes Social Security number is 554-44-5555.

During the year, Jim paid the following amounts:

Credit card interest $1,800

Auto loan interest $4,500

Auto insurance $900

Property taxes on a personal residence $6,500

States and local sales tax paid in 2016 $4,000

Blue Cross Health insurance premiums $2,000

Other medical expenses $800

Income tax preparation fee $500

Charitable Contributions:

Boy Scouts $600

St. Matthews Church $400

UGA Pharmacy School $30,000

Georgia Republican Party $300

American Red Cross $50

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