Question: Tax return question. CHAPTER 3 Tax Return Problem 3 Catherine and Edward Wyman are married filing jointly. They are 45 and 40 years old, respectively.

Tax return question.  Tax return question. CHAPTER 3 Tax Return Problem 3 Catherine and

CHAPTER 3 Tax Return Problem 3 Catherine and Edward Wyman are married filing jointly. They are 45 and 40 years old, respectively. Their address is 16010 N.W. 136th Street, Miami, FL 33054. Additional information about Mr. and Mrs. Wyman is as follows: Form 1099-INT for Catherine and Edward shows this amount: Box 1 = $2,450.00 from Global Bank. They also received tax-exempt interest of $500.00, as well as $45.00 for jury duty pay when Edward went to court to serve for a few days. Edward received two weeks of workers' compensation pay for a total of $3,100.00. Dependent: Son, Edward Jr., who is 7 years old. His date of birth is 3/25/2010. His social security number is 412-34-5672. Edward is a sales manager, and Elizabeth is an office clerk. Required: Prepare the tax return for Mr. and Mrs. Wyman using the appropriate form. They are entitled to a $1,000 child tax credit (this credit is discussed in Chapter 9). For now, They do not want to contribute to the presidential election campaign. Mr. and Mrs. Wyman had qualifying health care coverage at all times during the tax year. enter the credit on the appropriate line of the form

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