Following is a list of information for Peter and Amy Jones for the current tax year. Peter and Amy are married and have three children, Aubrynne,…

Following is a list of information for Peter and Amy Jones for the current tax year. Peterand Amy are married and have three children, Aubrynne, Bryson, and Caden. They live at1846 Joplin Way, Lakeville, MN 55022. Peter is a lawyer working for a Native Americanlaw firm. Amy works part-time in a genetic research lab. The Jonesâ Social Security numbersand ages are as follows:Peter 215-60-1989 32Amy 301-60-2828 28Aubrynne 713-84-5555 5Bryson 714-87-2222 3Caden 714-89-1684 1Peterâs salary $70,000Amyâs salary 32,000Interest income on municipal bonds 2,400Interest income on certificate of deposit (Universal Savings) 3,100Dividends on GM stock 1,600Eyeglasses and exam for Aubrynne $ 600Orthodontic work for Bryson to correct a congenital defect 2,500Medical insurance premiums 1,800Withholding for state income taxes 7,200Withholding for federal income taxes 16,000State income taxes paid with last yearâs tax return(paid when the return was filed in the current year) 500Property taxes on home 1,100Property taxes on automobile 300Interest on home 9,700Interest on credit cards 200Cash contribution to church 3,900In addition to the above, on September 17, Peter and Amy donate some Beta Trader, Inc.stock to Lakeville Community College. Beta Trader, Inc. is publicly traded. The FMV ofthe stock on the date of the contribution is $700. Peter and Amy had purchased the stockon November 7, 2003 for $300.Compute Peter and Amyâs income tax liability for the current year using Form 1040,Schedules A and B, and Form 8283, if necessary.

Haven’t Found The Relevant Content? Hire a Subject Expert to Help You With
Following is a list of information for Peter and Amy Jones for the current tax year. Peter and Amy are married and have three children, Aubrynne,…
Hire Writer
myhomeworkgeeks (28431)
New York University
DO YOU HAVE A SIMILAR ASSIGNMENT?!

Click Here to Hire an Expert

Hire Verified Expert

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Have a homework question? Get help from verified tutors now!
error: Content is protected !!

Are You Looking For Assignment Help? We Can Certainly Assist You