Use your tax software to complete the following problems. If you are manually preparing the tax returns, you will need Form 4797, Schedule D, Schedule A, Schedule B, Form 1040, and Schedule D worksheets. Tax Return Problem #1 Jeffery Norville is a single taxpayer. His SSN is 123-44-7788 and he lives at 5037 Circle Court, Crestview, Illinois. His W-2 for 2007 shows gross wages of $83,000 with $5,146 of Social Security and $1,203.50 of Medicare taxes withheld. He has $17,747 of federal withholding and $2,490 in state withholding. Jeffrey does not itemize. He had the following stock transactions for the year: Stock Date Date Sales Cost Shares Purchased Sold Price Basis 5,500 7/8/06 9/12/07 15,000 18,000 800 3/12/07 10/21/07 54,000 58,000 2,800 2/ 13/01 10/21/07 34,000 22,000 He also has interest from a savings account with Local Neighborhood Bank of $167.84 and a dividend from a 1099-DIV in the amount of $1,389 with $1,106 in qualified dividends. Prepare a Form 1040 for Jeffery and all related schedules and forms