Question

Please complete the 2017 federal income tax return for Jonathan Hales.

Tax Return-Individual N er Chapter 4) Instructions Please complete the 2017 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) to the front page of the Form 1040. If required information is missing, use reasonable assumptions to W-2 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 2017 Jonathan's 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 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: Federal Income Tax Withholdin 0 State Income Tax Withholding 0 Employer Gross Wages 2,675 790 4,235 The Colony Rock Climbing, LLC 175 Community Pool, Inc All applicable and appropriate payroll taxes were withheld by his various employers Jonathan received $15 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 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

Answer 1

Form 1040 is to be filled and filed as under:

Part II

1.Fill in your personal information

The primary taxpayer’s full name i.e Jonathan Hales and Social Security Number 546-87-8949 will go on the top line.

Since Jonathan Hales is single, leave the second line blank.

2. Fill in your address: 123 Spring Lane, Willow, Texas 77521

3. Since He does not want to contribute to Presidential Election Campaign box (do not check in the shaded area) else $3 of your taxes will be put in a special fund and distributed to serious presidential candidate. However Checking this box does not increase or decrease your tax refund. The $3 is paid for by the government.

Part III

1. In filing Status Fill- Single

2. Leave blank dependent information

3. Enter amount $7700 in point No.7 Wages, Salary, Tips etc. included in W2 Form

4. Enter amount $15 in point No.8a Taxable Interest.

5. Leave other columns blanks

6. Write total of $7715 in line No.22- Combine the amounts in the far right columns for the lines 7 through 21. This is Your Total Income

7. Begin by copying your adjusted gross income from line 37 onto line 38. This line is there merely to allow you to easily complete the Tax and Credits section.Then finish the section by checking all boxes that apply to you in line 39 and entering the total number of boxes checked in box 39a.

8. In line No. 40 there is Itemized Deduction - Standard Deduction Fill $7715

Tax applicable will be NIL

Affix the signature and file the return.