Analyzing A Couple’s Tax Scenario Accounting Assignment
Accounting This last research assignment requires you to analyze a couple’s tax scenario. They are asking you to forecast their 2020 tax return given the data provided below. It will be your responsibility to determine if the data provided is relevant to the tax return. See the items listed below: Blake and Miranda Shelton (both age 37) are married with one daughter, Sissy (age 7). They do not incur any child care expenses because she is picked up by her aunt after school. Blake’s gross salary from his job working as an executive in the music industry was $70,000. Blake $7,000 contributed to his 401(k) plan via payroll deduction for the year
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