Академический Документы
Профессиональный Документы
Культура Документы
Forms
Form 1040
Schedule A
Form 8962
Schedule C-EZ
Form 2441
Schedule 8812
Form 8863
Schedule SE
Form 540
540 Schedule CA
Form 3506
Prepare a federal and state tax return by hand based on the information provided. Complete
Form 1040 and Form 540 line by line. Remember forms and schedules need to be completed
prior to finishing the tax return. Do not use tax software to complete the tax practice activity.
Sal, SSN 225-22-1254, date of birth 03-15-1981. Susana Grant, SSN 195-85-5415, date of birth 0315-1986 are married and filing a joint return. They have three children, Monica, SSN 145-55-5415,
date of birth 05-01-2007, Elizabeth, SSN 214-56-2656, date of birth 04-29-2005, and Jasmine, SSN
625-11-2254, date of birth 06-18-2009. Sal is a math teacher at an elementary school. He would
like to claim his Educator Expense. Sal pays alimony to his ex-wife Maria Perez, SSN 161-22-1122.
He paid her $12,000 in 2014. Sal has health insurance for his children and himself. Susana had
coverage through The Marketplace.
Sal and Susana paid $2,500 for after school care for Jasmine. She attends the Cool Kidds
Program, 515 Chestnut St, Your City, YS, 12345; their Federal ID# is 94-2358687. Phone number
is 888-575-1212.
Itemized Deductions
Doctor and Dentist visits
Prescriptions
Over the counter medications
Glasses
Sales Tax
DMV Fees
Union Dues
Real estate taxes
$1,200
$850
$500
$300
$981
$220
$760
$2,142
Susana is attending college full time, trying to get her undergraduate degree; her major is Business
Administration. She paid $865 for textbooks. Susana received Form 1098-T from the educational
institution for 2014, and she has not been convicted of a felony for possession or distributions of a
controlled substance. Susana is in her second year of college.
Susana sells beauty products to make extra cash. She received a 1099-Misc from Mary Jane
Beauty Products and she had the following expenses for her beauty product business:
Business Cards
Product bags
Beauty products
Miles driven to
deliver her products
$150
$75
$625
505 miles
Complete the tax return for Sal and Susana using the information provided.
TAXABLE YEAR
2014
FORM
540
Fiscal year filers only: Enter month of year end: month________ year 2015.
Your first name
Suffix
A
If joint tax return, spouse's/RDP's first name Initial Last name
Suffix
PBA Code
PMB/Private Mailbox
Prior
Name
Date of
Birth
State
RP
ZIP Code
Foreign Province/State/County
If you filed your 2013 tax return under a different last name, write the last name only from the 2013 tax return.
Taxpayer
Spouse/RDP
mSingle
4 m Head of household (with qualifying person). See instructions.
2 m Married/RDP filing jointly. See inst.
5 m Qualifying widow(er) with dependent child. Enter year spouse/RDP died
3 m Married/RDP filing separately. Enter spouses/RDPs SSN or ITIN above and full name here
If your California filing status is different from your federal filing status, check the box here . . . . . . . . . . . m
6 If someone can claim you (or your spouse/RDP) as a dependent, check the box here. See inst. . . . . . . . . 6 m
Filing
Status
For line 7, line 8, line 9, and line 10: Multiply the amount you enter in the box by the pre-printed dollar amount for that line.
3101143
Your name:
12
. 00
13 Enter federal adjusted gross income from Form 1040, line 37; 1040A, line 21; or 1040EZ, line 4 . . . . . . 13
. 00
14
. 00
15 Subtract line 14 from line 13. If less than zero, enter the result in parentheses. See instructions . . . . . . . . . 15
. 00
16
. 00
17
. 00
18
. 00
19 Subtract line 18 from line 17. This is your taxable income. If less than zero, enter -0-. . . . . . . . . . . . . . 19
. 00
. 00
Taxable Income
14 California adjustments subtractions. Enter the amount from Schedule CA (540), line 37, column B . .
16 California adjustments additions. Enter the amount from Schedule CA (540), line 37, column C . . . . .
Tax
32 Exemption credits. Enter the amount from line 11. If your federal AGI is more than $176,413,
see instructions.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
. 00
33 Subtract line 32 from line 31. If less than zero, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
. 00
Special Credits
34
. 00
. 00
. 00
Schedule G-1
FTB 5870A. . . . . . . . .
code
and amount . . .
43
. 00
code
and amount . . .
44
. 00
45 To claim more than two credits, see instructions. Attach Schedule P (540). . . . . . . . . . . . . . . . . . . . . . . . 45
. 00
. 00
47 Add line 40 and line 43 through line 46. These are your total credits. . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
. 00
48 Subtract line 47 from line 35. If less than zero, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
. 00
3102143
Overpaid Tax/
Tax Due
Payments
Other Taxes
Your name:
. 00
. 00
. 00
64 Add line 48, line 61, line 62, and line 63. This is your total tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64
. 00
. 00
. 00
. 00
. 00
75 Add line 71, line 72, line 73, and line 74. These are your total payments. See instructions . . . . . . . . . . . 75
. 00
91 Overpaid tax. If line 75 is more than line 64, subtract line 64 from line 75. . . . . . . . . . . . . . . . . . . . . . . . 91
. 00
. 00
. 00
94 Tax due. If line 75 is less than line 64, subtract line 75 from line 64. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94
. 00
3103143
Use
Tax
Your name:
Code Amount
Contributions
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
. 00
110 Add code 400 through code 429. This is your total contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110
. 00
3104143
Interest and
Penalties
Amount
You Owe
Your name:
111 AMOUNT YOU OWE. Add line 94, line 95, and line 110. See instructions. Do not send cash.
Mail to: FRANCHISE TAX BOARD
PO BOX 942867
SACRAMENTO CA 94267-0001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pay online Go to ftb.ca.gov for more information.
111
. 00
112 Interest, late return penalties, and late payment penalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112
. 00
. 00
114 Total amount due. See instructions. Enclose, but do not staple, any payment . . . . . . . . . . . . . . . . . . . . . . . 114
. 00
115 REFUND OR NO AMOUNT DUE. Subtract line 95 and line 110 from line 93. See instructions.
Mail to: FRANCHISE TAX BOARD
PO BOX 942840
SACRAMENTO CA 94240-0001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115
Refund and Direct Deposit
. 00
Fill in the information to authorize direct deposit of your refund into one or two accounts. Do not attach a voided check or a deposit slip. See instructions.
Have you verified the routing and account numbers? Use whole dollars only.
All or the following amount of my refund (line 115) is authorized for direct deposit into the account shown below:
Routing number
Type
. 00
The remaining amount of my refund (line 115) is authorized for direct deposit into the account shown below:
Routing number
Type
IMPORTANT: See the instructions to find out if you should attach a copy of your complete federal tax return.
Under penalties of perjury, I declare that I have examined this tax return, including accompanying schedules and statements, and to the best of my
knowledge and belief, it is true, correct, and complete.
Your signature
Date
X X
Sign
Here
It is unlawful
to forge a
spouses/RDPs
signature.
Joint tax return?
(See instructions)
()
Paid preparers signature (declaration of preparer is based on all information of which preparer has any knowledge)
PTIN
Firms address
FEIN
Do you want to allow another person to discuss this tax return with us? See instructions . . . .
Print Third Party Designees Name
m Yes
m No
Telephone Number
()
3105143
. 00
SCHEDULE
TAXABLEYEAR
2014
CA (540)
Important: Attach this schedule behind Form 540, Side 5 as a supporting California schedule.
Name(s) as shown on tax return
SSN or ITIN
Federal Amounts
Subtractions
7 Wages, salaries, tips, etc. See instructions before making an entry in column B or C . . . . 7
8 Taxable interest (b)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .8(a)
9 Ordinary dividends. See instructions. (b)
. . . . . . . . . . .9(a)
10 Taxable refunds, credits, offsets of state and local income taxes . . . . . . . . . . . . . . . . . . . 10
11 Alimony received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12 Business income or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Capital gain or (loss). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Other gains or (losses) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 IRA distributions. See instructions. (a)
. . . . . . . . . . . . . . . .15(b)
16 Pensions and annuities. See instructions. (a)
. . . . . . . . . . .16(b)
17 Rental real estate, royalties, partnerships, S corporations, trusts, etc.. . . . . . . . . . . . . . . 17
18 Farm income or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Unemployment compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Social security benefits (a)
. . . . . . . . . . . . . . . . . . . . . . . .20(b)
21 Other income.
a California lottery winnings
e NOL from FTB 3805D, 3805Z,
b Disaster loss carryover from FTB 3805V
3806, 3807, or 3809
21
c
Federal NOL (Form 1040, line 21)
f Other (describe):
d NOL carryover from FTB 3805V
22 Total. Combine line 7 through line 21 in column A. Add line 7 through line 21f in
column B and column C. Go to Section B. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Additions
B See instructions
C See instructions
a
b
c _____________
d
e
f
a
b
c
d
e
f
23
24
25
26
27
28
29
30
31a
32
33
34
35
36 Add line 23 through line 31a and line 32 through line 35 in columns A, B, and C.
See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
...
Last name
32 IRA deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33 Student loan interest deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34 Tuition and fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
35 Domestic production activities deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7731143
7732143