Complete the Varney Federal income tax return

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Reference no: EM131973467

Tax Return Project -

James A. Varney and Denise M. Varney

Assignment: Complete the Varney's Federal income tax return for 2017. Assume that the Varneys are filing their return on time (before April 17, 2018). In preparing the return, you will need to use forms 1040, 8949, 8863, 4562, 4797 and schedules A, B, C, D, and SE. The total tax return is approximately 19 pages. If the Varneys have a refund due, request that it be credited to their 2018 taxes.

Notes:

1. The project is designed so that the tax return may be completed by hand. The numbers must be legible. There are no points if Prof. Cutler cannot read what you wrote. You may use software if you wish, but are not required to do so. If you use software, write the name of the program you used at the top of your assignment.

2. The correct assembly order for the Varney's tax return should be: 1040, Schedule A, Schedule B, Schedule C, Schedule D, 8949, Schedule SE, 4797, 8863, and 4562.

Attachment:- Assignment File.rar

Reference no: EM131973467

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Reviews

len1973467

5/7/2018 3:52:20 AM

Assemble and turn in a hard copy of your completed return for James and Denise Varney assembled as it would be filed with the IRS. Supporting and itemized statements should be attached as appropriate, and tax forms should be assembled in the correct order (see #2, below). Input sheets and taxpayer worksheets, however, should not be attached. Notes: 1. The project is designed so that the tax return may be completed by hand. The numbers must be legible. There are no points if Prof. Cutler cannot read what you wrote. You may use software if you wish, but are not required to do so. If you use software, write the name of the program you used at the top of your assignment.

len1973467

5/7/2018 3:52:15 AM

The correct assembly order for the Varney’s tax return should be: 1040, Schedule A, Schedule B, Schedule C, Schedule D, 8949, Schedule SE, 4797, 8863, and 4562. The project is due by 8th at 11:00am. You may turn it in at the final exam, or earlier than that in class or office hours, or by sliding it under Prof. Cutler’s door, 390C Melcher Hall. You may work in groups of up to 3 students from any section. All students in the group turn in one project with all of their names and receive the same grade. Write your name(s) clearly at the top of the first page, in alphabetical order.

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