Practice Return 1 - Health Care Coverage Earned Income Credit and Child Tax Credit...

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Practice Return 1 - Health Care Coverage Earned Income Credit and Child Tax Credit and Oue n ce SCENARIO INFORMATION Instructions This practice return will help you become familiar with return preparation in Drake Tax Use the scenario Information and the attached Source documents to complete the return. After the return is complete, compare your results with the solutions provided online Ponderosa Pine is unmarried and lives in Atlanta, GA with her year old son, Spruce Ponderos works full-time as a botanist at the University of Trees Ponderosa and her son are both US citizens and cannot be a qualifying child or dependent on anyone else's federal tax return Go to Support DrakeSoftware come for solutions and more practice returns. After logging in access Training Tools > Practice Returns She provided proof of maintenance of the household, including utility bills and rent receipts attached). There is evidence that Ponderosa paid more than 50% of the cost of keeping up the home in which she and her son lived. She lived in the U.S. for the entire year Ponderosa provided you with a copy of her driver's license. The number is 123456789 issued in VA on 01/01/2018. Her license expires on 01/01/2021. To agree with provided solutions Suppress state returns by entering "0" in the Resident state field on Screen 1 Install all program updates Correct all EF diagnostic messages Attached Source Documents TAXPAYER INFORMATION NAME Ponderosa Pine SSN 400-00-6001 DATE OF BIRTH 11-08-1974 EMAIL: [email protected] OCCUPATION: Botanist Form W-2 Child Care Statement Utility Bills and Rent Receipts Form 1095-B Address: 100 Evergreen Lane, Atlanta, GA 30302 Phone: 828-524-8020 02018 Drake Softw Drake Tax 2018 Practice Return N M LMN POWER Il December 15, 2018 INVOICE #1234 Bill To Details of Electric Charges Usage (kWh) 790 Customer Customer ID Address Ponderosa Pine 5454545 100 Evergreen Atlanta GA 30302 B2B-524-8020 Current Reading 092580 Phone Previous Reading 091787 Payment Due January 15, 2019 Period of Service 11/1/2018 to 12/1/2018 Electric Summary Balance from last bill $178.27 Payment Dec 1 $178.27 $201.54 New Charges Total Amount Due $201.54 Total Amount Due by January 15, 2019 $201.54 Thank you for your business! LMN POWER 100 Light Ln Marietta GA 30060 p. 828.524.8020 DIVERSITY OF TREES 300 SPRUCE WAY ATLANTA o TONDEROSA PINE 100 EVERGREEN LANE ATLANTA GA 30303 2018 W Wage and tak Statement -2 Practice Return 1 - Health Care Coverage Earned Income Credit and Child Tax Credit and Oue n ce SCENARIO INFORMATION Instructions This practice return will help you become familiar with return preparation in Drake Tax Use the scenario Information and the attached Source documents to complete the return. After the return is complete, compare your results with the solutions provided online Ponderosa Pine is unmarried and lives in Atlanta, GA with her year old son, Spruce Ponderos works full-time as a botanist at the University of Trees Ponderosa and her son are both US citizens and cannot be a qualifying child or dependent on anyone else's federal tax return Go to Support DrakeSoftware come for solutions and more practice returns. After logging in access Training Tools > Practice Returns She provided proof of maintenance of the household, including utility bills and rent receipts attached). There is evidence that Ponderosa paid more than 50% of the cost of keeping up the home in which she and her son lived. She lived in the U.S. for the entire year Ponderosa provided you with a copy of her driver's license. The number is 123456789 issued in VA on 01/01/2018. Her license expires on 01/01/2021. To agree with provided solutions Suppress state returns by entering "0" in the Resident state field on Screen 1 Install all program updates Correct all EF diagnostic messages Attached Source Documents TAXPAYER INFORMATION NAME Ponderosa Pine SSN 400-00-6001 DATE OF BIRTH 11-08-1974 EMAIL: [email protected] OCCUPATION: Botanist Form W-2 Child Care Statement Utility Bills and Rent Receipts Form 1095-B Address: 100 Evergreen Lane, Atlanta, GA 30302 Phone: 828-524-8020 02018 Drake Softw Drake Tax 2018 Practice Return N M LMN POWER Il December 15, 2018 INVOICE #1234 Bill To Details of Electric Charges Usage (kWh) 790 Customer Customer ID Address Ponderosa Pine 5454545 100 Evergreen Atlanta GA 30302 B2B-524-8020 Current Reading 092580 Phone Previous Reading 091787 Payment Due January 15, 2019 Period of Service 11/1/2018 to 12/1/2018 Electric Summary Balance from last bill $178.27 Payment Dec 1 $178.27 $201.54 New Charges Total Amount Due $201.54 Total Amount Due by January 15, 2019 $201.54 Thank you for your business! LMN POWER 100 Light Ln Marietta GA 30060 p. 828.524.8020 DIVERSITY OF TREES 300 SPRUCE WAY ATLANTA o TONDEROSA PINE 100 EVERGREEN LANE ATLANTA GA 30303 2018 W Wage and tak Statement -2

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