The Park family consists of the following: Jackie O. Park; age 40; SSN: XXX-XX-XXXX; business analyst; single; unmarriedLeslie T. Park; age 16; SSN: 000-00-0000; daughter; high-school student; lives a


The Park race consists of the forthcoming:

  • Jackie O. Park; age 40; SSN: XXX-XX-XXXX; duty analyst; single; unmarried
  • Leslie T. Park; age 16; SSN: 000-00-0000; daughter; high-school student; lives at home
  • Alex K. Park; age 12; SSN: NNN-NN-NNNN; son; middle-school student; lives at home

Pertinent information:

  • Address: 132 Oakbrook Drive, Houston, Texas 77091
  • The Parks do not shortness to conduce to the presidential acceptance campaign
  • Jackie does not hold child influence. She pays all of the well-acquainted expenses including the upkeep of Leslie and Alex. Only Jackie can arrogation Leslie and Alex as dependents.
  • Using the punish Tax Reprimand List (Not to be abashed after a while the IRS Tax Tables) apportion the tax payer’s Tax Liability
  • Jackie also produce-an-effects a authenticty sodality on a part-time basis. Her allowance from this duty is from authentic condition sales during the year. She is a separeprimand proprietor and her sodality’s indicate is Jaleal Realty Company. Jackie rents a inferior employment to produce-an-effect this duty.

Jackie had the forthcoming hues on her W-2:

  • Wages: $55,159
  • Federal tax after a whileheld: $7,460
  • Social Security tax after a whileheld: $3,420
  • Medicare tax after a whileheld: $800

Jackie had the forthcoming allowance (as shown on Form 1099) and expenses from her duty:

  • Total self-employment allowance reputed on Form 1099 was $23,000 and came from the authentic condition commissions earned from home sales.

Business Expenses:

Rent

7,200

Travel expenses

2,200

Advertising

2,345

Supplies

955

Office expenses

750

Telephone

720

Internet expense

540

Broker license

75

Legal and professional

1,000

Miscellaneous

150

Other tax data:

  • Texas State’s public sales tax conclusion recognized is $924.
  • Jackie holdd $610 of special share allowance from her bank.
  • She donated $230 in money to her church during the year.
  • Real condition taxes compensated on her special pernoctation were $1,980, and the advance share compensated to her bank in New York, NY on the original pernoctation for the year was $16,000.
  • Medical expenses for the race were as follows:
    • medical insurance guerdon $3,244
    • payments for doctor’s visits $1,760
    • $850 was compensated for dentists
    • $230 for recipe drugs
  • Using the suitable tax reprimand list for her filing status, apportion Jackie’s tax amenability.

Assignment Guidelines

To provide Jackie O. Park's tax retaliate after a whileout the aid of Tax making-ready software, adequate the forthcoming steps:

  1. Ensure that you entertain an Adobe Reader http://get.adobe.com/reader/ installed on your computer to notorious and use the downloadable IRS forms.
  2. Determine which forms are certain for Jackie O. Park's tax retaliate.
  3. Go to the IRS Web site and download the fill-in tax forms that you achieve deficiency to adequate: 1040, 1040 List A, 1040 List C and 1040 List SE.
  4. Complete all certain downloaded fill-in forms on the computer and prevent.
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