ACT405 – Portfolio Project Case 1
Comprehensive Tax Problem – Option 1
Taxpayer Information
Name: John Washington
Address: 3450 Green St.
Miami, FL 54321
DOB: 5/5/1960
Filing Status: Married
SSN: 434-20-2020
Occupation: Engineer
Name: Debra Washington
Address: 3450 Green St.
Miami, FL 54321
DOB: 7/7/1962
Filing Status: Married
SSN: 411-21-4568
Occupation: Teacher
INCOME INFORMATION:
Wages and Compensation
The following information is takenfrom John Washington’s 2017 Form W-2 Wage and Tax Statement:
Box 1 – Wages, tips, and other compensation
80,000
Box 2 – Federal Withholding
12,500
Box 17 – State Income Tax Withholding
2,000
The following information is takenfrom Debra Washington’s 2017 Form W-2 Wage and Tax Statement:
Box 1 – Wages, tips, and other compensation
42,000
Box 2 – Federal Withholding
3,500
Box 17 – State
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