Question: Part 1 Tax Computation Compute Beth Jordan s 2 0 2 3 Federal income tax payable ( or refund due ) , and complete her

Part 1Tax Computation
Compute Beth Jordans 2023 Federal income tax payable (or refund due), and complete her 2023 tax return using appropriate forms and schedules. Suggested software: ProConnect Tax.
Part 2Tax Planning
Beth is anticipating significant changes in her life in 2024, and she has asked you to estimate her taxable income and tax liability for 2024.
Beth just received word that she has been qualified to adopt a two-year-old daughter. Beth expects that the adoption will be finalized in 2024 and that she will incur approximately $2,000 of adoption expenses. In addition, she expects to incur approximately $3,500 of child and dependent care expenses relating to the care of her new daughter, which will enable her to keep her job at Mesa Manufacturing Company. However, with the additional demands on her time because of her daughter, she has decided to discontinue her two part-time jobs (i.e., the part-time tax practice and her software business), and she will cease making estimated income tax payments.
In your computations, assume that all other 2024 income and expenses will be the same as 2023 amounts.
Part 1 Tax Computation Compute Beth Jordan s 2 0

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