Question: where is the answer to this question: David and Darlene Jasper have one child, Sam, who is 6 years old. The Jaspers reside at 4639
where is the answer to this question: David and Darlene Jasper have one child, Sam, who is 6 years old. The Jaspers reside at 4639 Honeysuckle Lane, Los Angeles, CA 90248. David's Social Security number is 577-11-3311, Darlene's is 477-98-4731, and Sam's is 589-22-1142. David and Darlene's earning and withholdings for 2014 are:
David: Earnings from Apple Company (office manager) $25,000
Federal income tax withheld 2,800
State income tax withheld 1,050
Darlene: Earnings from Rose Company (perfume tester) $24,500
Federal income tax withheld 2,650
State income tax withheld 900
There other income includes interest from Pine Tree Savings and Loan of $1,900. Other information and expenditures for 2014 are as follows:
Interest: On home acquisition mortgage $11,125
Credit card 925
Taxes: Property taxes on personal residence 1,515
State income taxes paid in 2014 (for 2013) 315
Contribution (with written acknowledgement) to church 410
Medical insurance 475
Medical and dental expenses 2,800
Income tax return preparation fee paid in 2014 200
Payment of union dues 225
Child care for Sam 3,500
Required: Complete the Jaspers' federal tax return for 2014. Use Form 1040, Schedule A, Schedule B, and Form 2441, which can be found on the IRS website. Make realistic assumptions about any missing date.
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