Reference no: EM132762919
Question - David and Darlene Jasper have one child, Sam, who is 6 years old (birthdate July 1, 2013). 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's birthdate is May 29, 1986 and Darlene's birthday is January 31, 1988. David and Darlene's earnings and withholdings for 2019 are:
David: Earnings from Apple Company (office manager) $26,600
Federal income tax withheld 800
State income tax withheld 1,050
Darlene: Earnings from Rose Company (perfume tester) $25,500
Federal income tax withheld 1,050
State income tax withheld 1,000
Their other income includes interest from Pine Tree Savings and Loan of $1,900. Other information and expenditures for 2019 are as follows:
Interest: On home acquisition mortgage $11,312
Credit card 925
Taxes: Property taxes on personal residence 1,300
State income taxes paid in 2019 (for 2018) 315
Contribution (with written acknowledgement) to church 1,045
Medical insurance 675
Medical and dental expenses 6,175
Income tax return preparation fee paid in 2019 200
Actual general state sales tax for 2019 1,016
Payment of union dues 225
Contribution to David's IRA 1,000
David and Darlene received the following letter from Sam's daycare provider:
Required - Complete the Jaspers' federal tax return for 2019. Use Form 1040, Schedule 1, Schedule 3, Schedule A, Schedule B, Form 2441, and Form 8880, as needed. Make realistic assumptions about any missing data.