question archive David and Darlene Jasper have one child, Sam, who is 6 years old (birthdate July 1, 2013)

David and Darlene Jasper have one child, Sam, who is 6 years old (birthdate July 1, 2013)

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David and Darlene Jasper have one child, Sam, who is 6 years old (birthdate July 1, 2013). The Jaspers reside at 4639 Honeysuckle Lane, Los Angeles, CA 90248. David's Social Security number is 577-11-3311, Darlene's is 477-98-4731, and Sam's is 589-22-1142. David's birthdate is May 29, 1986 and Darlene's birthday is January 31, 1988. David and Darlene's earnings and withholdings for 2019 are:

David:

Earnings from Apple Company (office manager)

$26,600

Federal income tax withheld

800

State income tax withheld

1,050

Darlene:

Earnings from Rose Company (perfume tester)

$25,500

Federal income tax withheld

1,050

State income tax withheld

1,000

Their other income includes interest from Pine Tree Savings and Loan of $1,900. Other information and expenditures for 2019 are as follows:

Interest:

On home acquisition mortgage

$11,312

Credit card

925

Taxes:

Property taxes on personal residence

1,300

State income taxes paid in 2019 (for 2018)

315

Contribution (with written acknowledgement) to church

1,045

Medical insurance

675

Medical and dental expenses

6,175

Income tax return preparation fee paid in 2019

200

Actual general state sales tax for 2019

1,016

Payment of union dues

225

Contribution to David's IRA

1,000

David and Darlene received the following letter from Sam's daycare provider:

 

  • Required: Complete the Jaspers' federal tax return for 2019. Use Form 1040, Schedule 1, Schedule 3, Schedule A, Schedule B, Form 2441, and Form 8880, as needed. Make realistic assumptions about any missing data.

Please let me know proper return amount mine came to be 1503 the software took standard deduction IRA deduction 1000 but it s giving 100 return for that and including it child dependent credit 600 and child credit 2000 its reducing this much amount and giving final 1503 please let me know. 

pur-new-sol

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