Alice J. and Bruce M. Byrd are married taxpayers who file

Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their Social Security numbers are 123-45-6789 and 111-11-1111 respectively. Alices birthday is September 21 1967 and Bruces is June 27 1966. They live at 473 Revere Avenue Lowell MA 01850. Alice is the office manager for Lowell Dental Clinic 433 Broad Street Lowell MA 01850 (employer identification number 98-7654321). Bruce is the manager of a Super Burgers fast-food outlet owned and operated by Plymouth Corporation 1247 Central Avenue Hauppauge NY 11788 (employer identification number 11-1111111). The following information is shown on their Wage and Tax Statements (Form Wwas reported on a2) for 2014. Line Description Alice Bruce 1 Wages tips other compensation $58000 $62100 2 Federal income tax withheld 4500 6300 3 Social Security wages 58000 62100 4 Social Security tax withheld 3596 3850 5 Medicare wages and tips 58000 62100 6 Medicare tax withheld 841 900 15 State Massachusetts Massachusetts 16 State wages tips etc. 58000 62100 17 State income tax withheld 2950 3100 The Byrds provide over half of the support of their two children Cynthia (born January 25 1990 Social Security number 123-45-6788) and John (born February 7 1994 Social Security number 123-45-6786). Both children are full-time students and live with the Byrds except when they are away at college. Cynthia earned $4200 from a summer internship in 2014 and John earned $3800 from a part-time job. During 2014 the Byrds provided 60% of the total support of Bruces widower father Sam Byrd (born March 6 1938 Social Security number 123-45-6787). Sam lived alone and covered the rest of his support with his Social Security benefits. Sam died in November and Bruce the beneficiary of a policy on Sams life received life insurance proceeds of $800000 on December 28. The Byrds had the following expenses relating to their personal residence during 2014: Property taxes$5000 Qualified interest on home mortgage8700 Repairs to roof5750 Utilities4100 Fire and theft insurance1900 The Byrds had the following medical expenses for 2014 Medical insurance premiums$4500 Doctor bill for Sam incurred in 2013 and not paid until 20147600 Operation for Sam8500 Prescription medicines for Sam900 Hospital expenses for Sam3500 Reimbursement from insurance company received in 20143600 The medical expenses for Sam represent most of the 60% that Bruce contributed toward his fathers support. Other relevant information follows: When they filed their 2013 state return in 2014 the Byrds paid additional state income tax of $900 During 2014 Alice and Bruce attended a dinner dance sponsored by the Lowell Police Disability Association (a qualified charitable organization). The Byrds paid $300 for the tickets. The cost of comparable entertainment would normally be $50. The Byrds contributed $5000 to Lowell Presbyterian Church and gave used clothing (cost of $1200 and fair market value of $350) to the Salvation Army. All donations are supported by receipts and the clothing is in very good condition. In 2014 the Byrds received interest income of $2750 which was reported on a Form 1099INT from Second National Bank. Alices employer requires that all employees wear uniforms to work. During 2014 Alice spent $850 on new uniforms and $566 on laundry charges Bruce paid $400 for an annual subscription to theJournal of Franchise Managementand $741 for annual membership dues to his professional association Neither Alices nor Bruces employer reimburses for employee expenses The Byrds do not keep the receipts for the sales taxes they paid and had no major purchases subject to sales tax All members of the Byrd family had health insurance coverage for all of 2014. Alice and Bruce paid no estimated Federal income tax. Neither Alice nor Bruce wants to designate $3 to the Presidential Election Campaign Fund. Compute net tax payable or refund due for Alice and Bruce Byrd for 2014. If they have overpaid they want the amount to be refunded to them. If you use tax forms for your computations you will need Forms 1040 and 2106 and Schedules A and B. You are required to prepare all necessary 2015 forms and schedules for this tax return.

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