In: Accounting
Hello! I have some problem wit this task. Comprehensive Problem 7-1 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 a letter from Sam's daycare provider which contains information regarding child care expenses. Required: Complete David and Darlene's Form 1040, Schedule 1, Schedule 3, Schedule A, Schedule B, Form 2441, and Form 8880. Make realistic assumptions about any missing data. The taxpayers do not want to make a contribution to the presidential election campaign. Enter all amounts as positive numbers. If an amount box does not require an entry or the answer is zero, enter "0". If required round any dollar amount to the nearest dollar (unless instructed otherwise on the tax form). Assume alternative minimum tax is not a factor.
My question is how to fill a form 8880? Please help me with it ASAP.