Requirements: Use your name as the taxpayer (do not use the name Jonathan Hales)....
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Requirements: Use your name as the taxpayer (do not use the name Jonathan Hales). Change no other names. In the taxpayer occupation field put your class section (for example: ACCT 413-10). Pdf must be from TaxAct. Be sure your pdf can be opened and printed before submitting. If it cannot, the grade will be zero. If we covered it in class and it can be calculated in this project, you must do so. If required information is missing, use reasonable assumptions to fill in the gaps. Please do not put any personal information except your name.
Data: Please complete the 2022 federal income tax return for Jonathan Hales. Jonathan Hales attended State University as a part-time student during the year. Jonathan lived at home with his parents while working a part-time job. The following information relates to 2022: Jonathans Social Security number is 546-87-9876 His mailing address is 123 Spring Lane, Willow, Texas 77521 Jonathan is a U.S citizen. Jonathan was single during the entire year. Jonathan turned 19 on July 1 Jonathan does not have any children or provide support for anyone but himself. Jonathan lived in a room in the basement of his parents home for all 12 months of the year. For the year Jonathans parents provided $16,500 of support including room and board, a car, health insurance, clothing, education, and car insurance. Jonathan was included on his fathers qualified minimum health insurance coverage plan for all 12 months during the year.
Jonathan received the following income during the year as reported on a Form W-2: Employer Gross Wages Federal Income Tax Withholding State Income Tax Withholding The Colony 3,675 165 0 Rock Climbing, LLC 1,790 0 0 Community Pool, Inc. 4,235 240 0 All applicable and appropriate payroll taxes were withheld by his various employers. Jonathan received $12 in interest income from the First Bank of Texas during the year.
Jonathan did not own, control, or manage any foreign bank accounts, nor was he a grantor or beneficiary of a foreign trust during the tax year. Jonathan did not buy, sell, exchange, or otherwise acquire any financial interest in a virtual currency. Jonathan had no itemized deductions. Jonathan does not want to contribute to the Presidential Election Campaign Fund. He would like to receive a refund (if any) of any tax he may have overpaid for the year. His preferred method of receiving the refund is by check.
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