Tax Return Project for BSTEC 229 Spring 2019.
Use the following information to complete pages 1 & 2 of the form 1040 and Schedule A if necessary. No other forms or schedule need to be submitted (may need to fill them out for the form 1040 line information) for this assignment. There a required 34 entries on the forms worth 3 points per entry. Do not sign the form as Dan or as a paid preparer.
Dan Smith who is 65 on Feburary 15th, 2018 supportsand claims his elderly father who just has social security income.
Dan’s Social security number is 535-52-8021.
Dan’s father’s, SAM SMITH social security number is 561-32-5201, birthday is March 10, 1932
Dan lives at 112 main strret, Port Orchard, Washington 98366.
Dan has full health coverage for the entire year and so does his father.
Dan want to contribute to the Presidential campign fund.
Dan’s income follows:
Ship fitterWages from PSNS $50,000.00
Income tax withheld from wages $5,000.
Taxable interest $225.00
Tax exempt interest of $10,000
Ordinary dividends $565.00
Health insurance $8,500.00
Mortgage interest $4,500.00
Real estate taxes $4,600.00
Cash contribution to local church $1,950.00
If Dan does get a refund he would like it to be deposited in his checking account. Bank Routing number is 256074974.
Checking account number is 2561783215.