Question: Prepare a Form 1 0 4 0 with a Schedule 1 and Schedule A for the O'Banions using any appropriate worksheets. Use the appropriate Tax
Prepare a Form with a Schedule and Schedule A for the O'Banions using any appropriate worksheets. Use the appropriate Tax
Tables.
Note: List the names of the taxpayers in the order in which they appear in the problem. Round your final answers to the nearest
whole dollar amount. Input all the values as positive numbers. Instructions can be found on certain cells within the forms.
for a couple Married Filing Jointly with no dependents.
SCHEDULE A
Form
Itemiz
Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In
addition, the taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency
during the year.
John and Shannon O'Banion, who live at Pinon Drive, Mesa, CO file as married filing jointly. John's Social Security number
is and Shannon's is
John's W contained the following information:
Wages $
Federal$
Social Security wages $
Social Security$
Medicare wages $
Medicare$
Shannon did not work for the year due to a medical condition but did receive unemployment compensation of $ for the year with
federal withholding of $ In the same year, they had the following medical costs:
In addition, they had the following other expenses:
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