Complete the varney federal income tax return

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Reference no: EM131976783

Assignment: Complete the Varney's Federal income tax return for 2017. Assume that the Varneys are filing their return on time (before April 17, 2018). In preparing the return, you will need to use forms 1040, 8949, 8863, 4562, 4797 and schedules A, B, C, D, and SE. The total tax return is approximately 19 pages. If the Varneys have a refund due, request that it be credited to their 2018 taxes. Assemble and turn in a hard copy of your completed return for James and Denise Varney assembled as it would be filed with the IRS. Supporting and itemized statements should be attached as appropriate, and tax forms should be assembled in the correct order (see #2, below). Input sheets and taxpayer worksheets, however, should not be attached.

Notes: 1. The project is designed so that the tax return may be completed by hand. The numbers must be legible. There are no points if Prof. Cutler cannot read what you wrote. You may use software if you wish, but are not required to do so. If you use software, write the name of the program you used at the top of your assignment.

2. The correct assembly order for the Varney's tax return should be: 1040, Schedule A, Schedule B, Schedule C, Schedule D, 8949, Schedule SE, 4797, 8863, and 4562.

3. The project is due by May 8th, 2018

Information related to above question is enclosed below:

Attachment:- 2018TaxReturnassignment.rar

Reference no: EM131976783

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