Jamie and Cecilia Reyes are husband and wife and file a joint return. They live...

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Accounting

Jamie and Cecilia Reyes are husband and wife and file a joint return. They live at 5677 Apple Cove Road,
Social Security number is 412-34-5670(date of birth 6/15/1974) and Cecilia's is 412-34-5671(date of birth
than half of the sulpport of their daughter, Carmen (age 23). Social Security number 412-345672(date of
time veterinarian school student. Carmen received a $3,200 scholarship covering some of her tuition at ci
to perform any services to receive the scholarship. Jamie and Cecilia furnish'all of the support of Maria (Ja
Security number 412-34-5673(date of birth 116?1953), who is age 70 and lives in a nursing home. They als
. Social Security number 412-34-5674(date of birth 314?2019).
Jamie's W-2 contained the following information:
Federal Wages ( box 1)=$149,625.00
FederalWH( box 2)=,$17,151.54
Social Security wages ( box 3)=,$149,625.00
Social SecurityWH(box4)=$9,276.75
Medicare Wages ( box 5)=$149,625.00
MedicareWH( box 6)=$2,169.56
State Wages ( box 16)=,$149,625.00
StateWH(box17)=,$5,435.00
Other receipts for the couple were as follows:
ABC Brokerage Dividends (}$2,810\mathrm{ are qualified dividends)
Interest income:
Union Bank
State of Idaho-interest on tax refund
City of Boise school bonds
Interest from U.S. sayings bonds (not used for educational purposes)
Idaho lottery winnings
Casino slot machine winnipgs
Gambling losses at casino
$2,922
$ 1,320
22
1,250
410
2,007
298
1,380
2,250
6,500
Other receipts for the couple were as follows:
ABC Brokerage Dividends are qualified dividends)
Interest income:
Union Bank
State of Idaho-interest on tax refund
City of Boise school bonds
Interest from U.S. savings bonds (not used for educational purposes)
2022 federal income tax refund received in 2023
2022 state income tax refund received in 2023
Idaho lottery winnings
Casino slot machine winnings
Gambling losses at casino
Other information that the Reyeses provided for the 2023 tax year:
Mortgage interest on personal residence
Loan interest on fully equipped motor home
Doctor's fee for a face-lift for Mrs. Reyes
Dentist's fee for a new dental bridge for Mr. Reyes
Vitamins for the entire family
Real estate property taxes paid
DMV fees on motor home (tax portion)
DMV fees on family autos (tax portion)
Doctors, bills for mother
Nursing home for mother
Wheelchair for mother
Property taxes on boat
Interest on personal credit card
Interest on loan to buy public schgol district bonds
Cash contributions to church (all the contributions were in cash and none
$ 10,081
2,915
8,800
3,250
110
5,025
1,044
436
2,960
12,176
1,030
134
550
.}27
Other information that the Reyeses provided tor the 2023 tax year:
Mortgage interelst on personal residence
loan interest on fully equipped motor home
$10,081
Doctor's fee for a face-lift for Mrs. Reyes
Dentist's fee for a new dental bridge for Mr. Reyes
Vitamins for the entire family
Real estate property taxes paid
Div fees on motor home (tax portion)
DMV fees on family autos (tax portion)
Doctors' bills for mother
Nursing home for mother
Wheelchair for mother
Property taxes on boat
Interest on personal credit card
Interest on loan to buy public school district bonds
Cash contributions to church (all
Cash contribution to man at bottom of freeway off-ramp
Contribution of furniture to Goodwill-cost basis
Contribution of same furniture listed above to Goodwill-fair market value
Tax return preparation fee for 2022 taxes
Required:
Prepare a Form 1040 and appropriate schedules for the completion of the Reyes's tax return. They do no
presidentlal election campaign and do not want anyone to be a third-party designee. The Reyes have no
interest in virtual currency last year. For any missing information, make reasonable assumptions. Use the
Tax Rate Scbedwles.
Note: List the names of the taxpayers and any income they receive in the order in which they appear it
required information in the Dependents section in a chronological order of "Dependent's social securit
values as positive numbers unless otherwise stoted in the forms. Instructions can be found on certain c
PG1 and in Interest section of Schedule B.
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