What Tax Forms should I be using for this?

Use the following information to complete Robert G. and Jennifer L. Smith's 2021 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. You must use the tax software included in the required course materials (unless you work in an accounting office that has tax software and your employer has approved your use of its software). Personal Information: Bob and Jennifer Smith are married and have elected to file a joint return. Bob is self-employed as a dentist, and Jennifer is a college professor. Bob's birthday is 3/5/1967 and SSN 333-45-6666. His email address i.. His office number is 404-555-1000 Jennifer's birthday is 4/24/1970 and SSN 566-77-8888. Her email i..r. Her office number is 404-555-2222 The Smiths live at 621 Franklin Avenue, Cincinnati, OH 45211. Bob and Jennifer have three children: Vince's birthday is 11/6/2000 and SSN 576-18-7928 Joan's birthday is 2/1/1999 and SSN 575-92-4321 Jessica's birthday is 12/12/2003 and SSN 613-97-8465 Vince lives at home and attends law school full-time at the University of Cincinnati. Joan is a full-time student at Edgecliff College in Cincinnati. Bob and Jennifer provided over half of her support for the year. Joan worked parttime as an independent contractor during the year, earning $4,900. Joan lived at home until she was married in December of 2020. She filed a joint 2020 return with her husband, Patrick, who earned $40,000 during the year. Jessica is the youngest and lived in the Smith's home for the entire year. 2 The Smiths provide you with the following additional information: Jennifer is a lecturer at Xavier University in Cincinnati, where she earned $30,000. Jennifer received a W2 from the university that showed: gross wages of $30,000, FICA/MDCR wages of $30,000, withheld federal income tax of $3,375, state income tax of $900, Cincinnati city income tax of $375, $1,860 of SS tax and $435 of Medicare tax. The University's employer id number (FEIN) is 99-1234567 and its address is 1000 University Avenue, Cincinnati, OH 45201. Their Ohio ID number is 1214. She also worked part of the year for Delta Airlines. Delta gave her a W2 that showed $10,000 in gross, social security and Medicare wages, and withheld federal income tax of $1,125, state income tax of $300, Cincinnati city income tax of $125, $620 for SS tax, and $145 for Medicare tax. Delta's employer identification number (FEIN) is 88-5588991 and its address is 555 Frequent Flyer Way, Cincinnati, OH 45201. Their Ohio ID number is 1313. The Smiths received $800 of interest income from State Savings Bank on a joint savings account. This was reported to them on a 1099-INT. You may ignore the FEIN and address of the bank. They also received municipal bond interest of $1,000 on City of Cincinnati bonds. While this income is not taxable, it must be reported on the return. You may ignore the FEIN and address of the city. Bob received a dividend of $540 on General Bicycle Corporation stock he owns. Jennifer received a dividend of $390 on Acme Clothing Corporation stock she owns. Bob and Jennifer received a dividend of $866 on jointly owned stock in Maple Company. All the dividends received in 2021 are qualifying dividends (they must be entered into the tax software as both ordinary and qualified or they will not be recorded.) You may ignore the FEIN and address of the companies that paid the dividends. Regarding Bob's dental practice (Schedule C): Bob practices under the name "Robert G. Smith, DDS." His business is located at 645 West Avenue, Cincinnati, OH 45211, and his employer identification number is 01-2222222. He uses the cash method of accounting; he materially participates in the business and he did not make any payments that require 1099s to be filed. NOTE: For the "type of business" choose "Offices of Dentists". You should then be able to find the applicable business code from the drop-down menu. 3 Bob's gross receipts during the year were $111,000. Bob's business expenses are as follows: a. Advertising $1,300 b. Professional dues 490 c. Professional journals 360 d. Contributions to employee benefit plans 2,000 e. Malpractice insurance 5,400 f. Fine for overbilling State of Ohio for work performed on welfare patient 5,000 g. Insurance on office contents 720 h. Interest on money borrowed to refurbish office 600 i. Accounting services 2,100 j. Miscellaneous office expense 388 k. Office rent 12,000 l. Dental supplies 7,672 m. Utilities and telephone 3,360 n. Wages 30,000 o. Payroll taxes 2,400 In June of 2021, Bob decided to refurbish his office. This project was completed, and the assets placed in service on July 1. Bob's expenditures included $8,500 for new office furniture (seven year recovery period), $6,200 for new dental equipment (seven-year recovery period), and $2,500 for a new computer (five year recovery period). Bob did not elect to use Section 179 immediate expensing and did not claim any bonus depreciation. Rental Income: The Smiths jointly own rental property that they sold in 2021. They did not make any payments that required them to file a 1099. The property is a Single-Family Residence and the address of the property is 325 Oak Street, Cincinnati, OH 45211. They did not use it for personal use in 2021. Their original cost basis in the residence is $155,000, 10% of which was determined to be the value of the land. Enter the house and the land as two separate assets. They originally placed it in service on January 1, 2014. The accumulated depreciation on the rental house through December 31, 2020 is $35,509. Bob and Jennifer sold the house on June 30, 2021. They received $325,000 for the house (allocate 10% to the land) less a 6 percent commission charged by the broker (which can all be allocated to the house. 4 The Joneses collected rent of $1,000 a month during the six months the house was occupied during the year. Along with six months of depreciation, they incurred the following related expenses during this period: Property insurance $500 Property taxes 800 Maintenance 465 Other Income and Expenses: The Smiths sold 200 shares of Capp Corporation stock on September 3, 2021, for $42 a share. They originally purchased the stock for $10 per share on 01/01/1978. Enter this information on a Form 1099-B. Ignore broker's fees. Bob and Jennifer have given you a file containing the following receipts for expenditures during the year: Medical expenses (doctor/dentist/hospitals) (after insurance reimbursement) 6,320 Real estate taxes on personal residence 4,762 Interest on home mortgage (paid to Home State Savings & Loan) 8,250 Cash contribution to St. Matthew's church 13,080 The Smiths made four timely paid estimated federal income tax payments of $1,500 each quarter during 2021. Prepare Bob and Jennifer's 2021 Form 1040, including all required schedules, forms, and attachments. No state or city tax returns need to be prepared.