Jermaine Watson is a single father with a son, Jamal, who qualifies as a dependent. They live at 5678 SE Stark St., Portland, OR 97233. Jermaine works at first bank of Oregon. Jamaal attends school and at the end of the school day he goes to a dependent care facility next-door to his school, where Jermaine picks him up after work. Jermaine pays $800 per month to the care facility (Portland Day Care, 4567 SE Stark St,. Portland, OR 97233. EIN 90-654-3210). Jermaine's W-2 from the first bank of Oregon is as follows: Wages (box 1) = $71,510.00 Federal W/H (Box 2) = $3,197.00 Social Security wages (box 3) = $71,510.00 Social Security W/H (box 4) = $4,433.62 Medicare wages (Box 5) = $71,510.00 Medicare W/H (Box 6) = $1,036.90 State Income Taxes (Box 17) = 1,134.90 Jermaine takes one class a semester at Portland State University towards an MBA degree. In 2019, he paid $1300 in tuition, $300 for books and $200 for a meal card. Jermaine has some investments in a New Zealand public company. He receive foreign source dividends (Nonqualified) of $750 during the year. He paid $225 a foreign tax on the foreign tax income. He also received $350 of interest income from first bank of Oregon. Jermaine's birthday is 9/14/1987 and Jamal's is 4/22/2011. Their Social Security numbers are 412–34–5670 and 412–34–5672, respectively. They had qualifying healthcare coverage at all times during the tax year. Prepare Jermaine's federal tax return using form 1040 and any additional appropriate schedules or forms he may need for credits. For any missing information make reasonable assumptions.
Jermaine Watson is a single father with a son, Jamal, who qualifies as a dependent. They live at 5678 SE Stark St., Portland, OR 97233. Jermaine works at first bank of Oregon. Jamaal attends school and at the end of the school day he goes to a dependent care facility next-door to his school, where Jermaine picks him up after work. Jermaine pays $800 per month to the care facility (Portland Day Care, 4567 SE Stark St,. Portland, OR 97233. EIN 90-654-3210).
Jermaine's W-2 from the first bank of Oregon is as follows:
Wages (box 1) = $71,510.00
Federal W/H (Box 2) = $3,197.00
Social Security wages (box 3) = $71,510.00
Social Security W/H (box 4) = $4,433.62
Medicare wages (Box 5) = $71,510.00
Medicare W/H (Box 6) = $1,036.90
State Income Taxes (Box 17) = 1,134.90
Jermaine takes one class a semester at Portland State University towards an MBA degree. In 2019, he paid $1300 in tuition, $300 for books and $200 for a meal card.
Jermaine has some investments in a New Zealand public company. He receive foreign source dividends (Nonqualified) of $750 during the year. He paid $225 a foreign tax on the foreign tax income. He also received $350 of interest income from first bank of Oregon.
Jermaine's birthday is 9/14/1987 and Jamal's is 4/22/2011. Their Social Security numbers are 412–34–5670 and 412–34–5672, respectively.
They had qualifying healthcare coverage at all times during the tax year.
Prepare Jermaine's federal tax return using form 1040 and any additional appropriate schedules or forms he may need for credits. For any missing information make reasonable assumptions.
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