Question: I need help with a Tax problem as soon as possible! I need to prepare an Individual Tax Return based on the following information for

I need help with a Tax problem as soon as possible! I need to prepare an Individual Tax Return based on the following information for 2015 and I need to show all my work for anything that needs to be calculated. Please prepare an individual tax return based on the followng fact pattern and show all work for anything that needs to be calculated. (Complete Johnny's 2015 Form 1040, Schedule A, B, D, and Form 6251; show all work for anything that needs to be calculated) Johnny Jones - 2015 Johnny Jones (SSN 000-22-1111) is 66 years old and unmarried, filing single with no dependents. He had the following income and deductions for 2015:

Salary $177,000

State Income Taxes $18,000

Interest Income from State Bank 12,000

Mortgage Interest Expense on Residence (100% Aquisition Debt) 19,000

Dividend Income (Qualified) 18,000

Deductible IRA Contribution 5,000

Tax-Exempt Interest Income from Municpal Bonds 24,000

Interest Expense on Car Loan 3,000

Real Estate Taxes on Residence 2,000

Charitable Contributions 27,000

Medical Expenses (before the floor) 18,000

Miscellaneous Deductions - Other (before the floor) 7,000

Income Taxes Withheld 20,000

Estimated Tax Payments ($2,500 Per Quarter) 10,000

Complete Johnny's 2015 Form 1040, Schedule A, B, D, and Form 6251.

Johnny had Health Insurance Coverage throughout 2015 with his full-time job. He plans to semi-retire in January 2016.

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