Explain how you determined the filing status,dependents,and use of standard/itemized deduction.

Assisting a family with their tax returns

Instructions

Consider the most beneficial way for Judy and Walter to file their federal income tax return.

Prepare a brief written summary, no more than 500 words that address the following:

Estimated taxable income for Judy and Walter (show computations).

Summary of tax return, including any suggestions or tax planning considerations.

Explain how you determined the filing status,dependents,and use of standard/itemized deduction.