Demarco and Janine Jackson have been married for 20 years andhave four children who qualify as their dependents (Damarcus,Janine, Michael, and Candice). The couple received salary income of$187,000, qualified business income of $20,500 from an investmentin a partnership, and they sold their home this year. Theyinitially purchased the home three years ago for $252,500 and theysold it for $302,500. The gain on the sale qualified for theexclusion from the sale of a principal residence. The Jacksonsincurred $18,600 of itemized deductions, and they had $4,600withheld from their paychecks for federal taxes. They are alsoallowed to claim a child tax credit for each of their children.However, because Candice is 18 years of age, the Jacksons may claima child tax credit for other qualifying dependents for Candice.(Use the tax rate schedules.)

Download the Tax Form and enter the required values inthe appropriate fields. Complete the first two pages of theJackson's Form 1040 ( use the most recent fromavailable).

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1040 Department of the Treasury—Internal Revenue Service (99) U.S.Individual Income Tax Return 2017 OMB No. 1545-0074 IRS Use Only—Donot write or staple in this space. For the year Jan. 1–Dec. 31,2017, or other tax year beginning , 2017, ending , 20 See separateinstructions. Your first name and initial Last name Your socialsecurity number
If a joint return, spouse’s first name and initial Last nameSpouse’s social security number
? Make sure the SSN(s) above and on line 6c are correct.
Home address (number and street). If you have a P.O. box, seeinstructions. Apt. no.
City, town or post office, state, and ZIP code. If you have aforeign address, also complete spaces below (seeinstructions).
Foreign countryname                                       Foreignprovince/state/county                       Foreign postal code  
Presidential Election Campaign Check here if you, or your spouse iffiling jointly, want $3 to go to this fund. Checking a box belowwill not change your tax or refund. You Spouse
Filing Status
Check only one box.
1 Single 2 Married filing jointly (even if only one had income) 3Married filing separately. Enter spouse’s SSN above and full namehere. ?
4 Head of household (with qualifying person). (See instructions.)If the qualifying person is a child but not your dependent, enterthis child’s name here. ? 5 Qualifying widow(er) (see instructions)Exemptions 6a Yourself. If someone can claim you as a dependent, donot check box 6a . . . . . b Spouse . . . . . . . . . . . . . . . .. . . . . . . . } c Dependents: (1) Firstname                        Last name (2) Dependent’s social security number (3) Dependent’srelationship to you (4) ? if child under age 17 qualifying forchild tax credit (see instructions)
If more than four dependents, see instructions and check here?
d Total number of exemptions claimed . . . . . . . . . . . . . . .. .
Boxes checked on 6a and 6b No. of children on 6c who: • lived withyou • did not live with you due to divorce or separation (seeinstructions) Dependents on 6c not entered above Add numbers onlines above ?
Income
Attach Form(s) W-2 here. Also attach Forms W-2G and  1099-R if tax was withheld.
If you did not get a W-2,   see instructions.
7 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . .. . . 7 8a Taxable interest. Attach Schedule B if required . . . .. . . . . . . . 8a b Tax-exempt interest. Do not include on line 8a. . . 8b 9 a Ordinary dividends. Attach Schedule B if required . .. . . . . . . . . 9a b Qualified dividends . . . . . . . . . . . 9b10 Taxable refunds, credits, or offsets of state and local incometaxes . . . . . . 10 11 Alimony received . . . . . . . . . . . . .. . . . . . . . 11 12 Business income or (loss). Attach Schedule Cor C-EZ . . . . . . . . . . 12 13 Capital gain or (loss). AttachSchedule D if required. If not required, check here ? 13 14 Othergains or (losses). Attach Form 4797 . . . . . . . . . . . . . . 1415 a IRA distributions . 15a b Taxable amount . . . 15b 16 aPensions and annuities 16a b Taxable amount . . . 16b 17 Rentalreal estate, royalties, partnerships, S corporations, trusts, etc.Attach Schedule E 17 18 Farm income or (loss). Attach Schedule F .. . . . . . . . . . . . . 18 19 Unemployment compensation . . . . .. . . . . . . . . . . . 19 20 a Social security benefits 20a bTaxable amount . . . 20b 21 Other income. List type and amount 2122 Combine the amounts in the far right column for lines 7 through21. This is your total income ? 22
Adjusted Gross Income
23 Educator expenses . . . . . . . . . . . 23 24 Certain businessexpenses of reservists, performing artists, and fee-basisgovernment officials. Attach Form 2106 or 2106-EZ 24 25 Healthsavings account deduction. Attach Form 8889 . 25 26 Movingexpenses. Attach Form 3903 . . . . . . 26 27 Deductible part ofself-employment tax. Attach Schedule SE . 27 28 Self-employed SEP,SIMPLE, and qualified plans . . 28 29 Self-employed healthinsurance deduction . . . . 29 30 Penalty on early withdrawal ofsavings . . . . . . 30 31 a Alimony paid b Recipient’s SSN ? 31a 32IRA deduction . . . . . . . . . . . . . 32 33 Student loan interestdeduction . . . . . . . . 33 34 Tuition and fees. Attach Form 8917. . . . . . 34 35 Domestic production activities deduction. AttachForm 8903 35 36 Add lines 23 through 35 . . . . . . . . . . . . . .. . . . . 36 37 Subtract line 36 from line 22. This is youradjusted gross income . . . . . ? 37 For Disclosure, Privacy Act,and Paperwork Reduction Act Notice, see separate instructions. Cat.No. 11320B Form 1040 (2017)

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