Due today. 4 hours, serious handshakes only

Tax Return Project 1

ACCT 538

Spring 2016

 

Based on the information provided, you are to complete the appropriate 2014 individual tax form and any supporting schedules/forms for Jonathan Hales. You do not need to prepare a state tax return. You should complete this tax return by hand using the forms available from the IRS website, www.irs.gov. You can use Adobe (or similar program) to type your responses on the forms. You may not use tax return preparation software to assist in preparing the forms. You may find the form instructions helpful in completing this assignment. Please provide a list of assumptions you make, if any. I will grade your return subject to any reasonable assumptions listed. You do not need to calculate AMT.

 

You are to work on this assignment individually. Working on this assignment or discussing it with others is not permitted. Any collaboration will be considered a violation of the Academic Honesty Policy, which will result in a grade of zero on this assignment and reporting of the violation to the Dean’s office.

 

Your assignment is due no later than 11:59 p.m. on February 14th. Please include your name in the paid preparer’s box at the bottom of the tax return. You do not need to include a cover page.

 

 

Instructions:

 

Please complete the 2014 federal income tax return for Jonathan Hales.  Be sure to include only required tax forms when completing the tax return.  Ignore the requirement to attach the form(s) W-2 to the front page of the tax return.  If required information is missing, use reasonable assumptions to fill in the gaps.

 

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 2014:

 

  • Jonathan’s Social Security number is 546-87-9435
  • 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 Jonathan’s parents provided $8,500 of support including room and board, a car, health insurance, clothing, education, and car insurance.
  • Jonathan was included on his father’s qualified minimum health insurance coverage plan for all 12 months during the year.

 

Jonathan received the following income during the year:

 

Employer

Gross Wages

Federal Income Tax Withholding

State Income Tax Withholding

The Colony

2,475

0

0

Rock Climbing, LLC

790

0

0

Community Pool, Inc.

4,235

175

0

 

All applicable and appropriate payroll taxes were withheld by his various employers.

 

Jonathan received $150 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 had no itemized deductions.

 

Jonathan does not want to contribute to the Presidential Election Campaign.  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.

Order a unique copy of this paper
(550 words)

Approximate price: $22

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

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

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

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

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