This assignment requires you to complete four tax forms $($Form $1040,$ Schedule $1,$ Schedule B$,$ and Qualified Dividends and Capital Gain Tax Worksheet, using the provided taxpayer information. The forms provided are for tax year $2023($please disregard $2021$ date on W$2,1099-$INT, and $1099-$DIV$).$ CORRECTED $($if checked$)$ CORRECTED $($if checked$)$ W$-22021$

Department of the Treasury$-$Internal Revenue Service

Form $2$ Statement

Copy B$-$To Be Filed With Employee's FEDERAL Tax Return.

This information is being furnished to the Internal Revenue Service.

Step $1$: Read the information below and download the taxpayer information based on the last two digits of your REDid:

REDid ending in $00-19$: Form W$-2,1099-$INT, $1099-$DIV

REDid ending in $20-39$: Form W$-2,1099-$INT, $1099-$DIV

REDid ending in $40-59$: Form W$-2,1099-$INT, $1099-$DIV

REDid ending in $60-79$: Form W$-2,1099-$INT, $1099-$DIV

REDid ending in $80-99$: Form W$-2,1099-$INT, $1099-$DIV

Step $2$: Download the blank forms on which to complete the assignment Blank Form $1040$

Blank Form $1040($fillable$)$

Blank Schedule $1($fillable$)$

Blank Schedule B $($fillable$)$

Blank Qualified Dividends and Capital Gain Tax Worksheet $($not fillable $-$ complete by hand and upload image$)$

Step $3$: Complete Schedule B first, then Schedule $1,$ then Form $1040$ down through Line $15.$ Next, complete the Qual Div worksheet and use that information to complete the rest of the Form $1040$

Step $4$: Submit all $4$ documents to complete the assignment.

Alexander Smith and his wife Allison are married and will file a joint tax return for $2022.$ The Smiths live at $1234$ Buena Vista Drive, Orlando, FL $32830.$ Alexander is a commuter airline pilot but took $6$ months off from his job in $2023$ to obtain a higher$-$level pilot$$s license. The Smiths have an $18-$year$-$old son, Brad, who is enrolled in twelfth grade at the Walt Disney Prep School. The Smiths also have a $19-$year$-$old daughter, Angelina, who is a part$-$time first$-$year student at Orange County Community College $($OCCC$).$ Angelina is married to Sean Shirker, who is $19$ years old and also a part$-$time student at OCCC. Sean and Angelina have a $1-$year$-$old child, Trask $($Social Security number $115-45-7893).$ All the Shirkers live in an apartment near the Smiths. Angelina and Sean both also work part$-$time for Sean$$s wealthy grandfather as apprentices in his business. The Shirker$$s wages for the year were $$50,000$ which allowed them to pay all the personal expenses for themselves and Trask.

Name

Social Security number

Date of birth

Alexander Smith

$266-15-1966$

$09/22/1970$

Allison Smith

$266-34-1967$

$07/01/1971$

Brad Smith

$261-55-2121$

$12/21/2005$

Angelina Shirker

$261-45-1212$

$03/31/2004$

Sean Shirker

$546-78-1235$

$05/01/2004$

Trask Shirker

$115-45-7893$

$10/21/2021$

Five years ago, Alexander divorced Jennifer Amistad $($Social Security number $341-55-6789).$ Alexander pays Jennifer $$200$ per month in alimony under the divorce decree.

Not included with the Smith$$s tax forms was interest from State of Florida bonds of $$145\mathrm{.}00.$

Alexander also received a Form W$-2,$ Form $1099-$INT, and Form $1099-$DIV that you should have downloaded in Step $1$ above.