Question: We will be using the facts of this Case Study for the Tax Return Note that these exercises will relate to the following Course Outcomes:

We will be using the facts of this Case Study for the Tax Return Note that these exercises will relate to the following Course Outcomes: complete proper tax research using statutory and administrative sources of tax laws evaluate and communicate the tax implications of financial and business decisions and transactions in a clear and concise manner for planning and compliance complete a basic individual tax return using a standard 1040 and the appropriate schedules ___________________________________________________________ Scenario: Year ending December 31, 2022 The taxpayers are Bill Beau Bagin (social security number 333-33-3330), born January 17, 1973, and his wife, Sara Lee Bagin (social security number 444-44-4440), born April 12, 1973. Both have good eyesight, and live with their two children, Ned and Megan, at 789 N. Code Drive, Chicago, Illinois 60699, (312) 679-9999

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