Accounting 301Tax Return Assignment No. 1
Tax Year 2023
Facts
Taxpayer Data:
Name
Address
Christopher A. Able
86 VCU Way
Richmond, Virginia 23224
333-22-1111
Asst. Manager
November 30, 1976
Single
None
SS Number
Occupation
Date of Birth
Marital Status
Dependents
Taxpayer Income
Employer
The Acme Company, Inc.
23 Ram Time Boulevard
Richmond, Virginia 23224
W-2 Data:
Wages
Withholdings:
Social Security
Medicare
Federal income tax
Virginia income tax
$45,000.00
2,790.00
652.50
5,000.00
1,000.00
Other income:
Interest income, Ram One National Bank
Dividend income (all qualified), Acme, Inc.
230.00
4,300.00
Assignment
Prepare Christopher’s 2023 federal income tax return, submitting Form 1040 and any other required
IRS forms and/or schedules. Do not prepare and attach a W-2 for the taxpayer. Do not prepare and attach
an IRS form or schedule that is not required.
You may use any reference materials, including the text, IRS instructions and publications. You
may find irs.gov to be an excellent reference resource.
You may not use
any software when preparing the return.
Submit the return prepared entirely hand written. Do not type (or PDF) the return. Insert your name
printed on the “paid Preparer” line on Page 2 of Form 1040 and also on the top of page 1 of Form 1040.
You may find IRS Publication 17 and the IRS instructions for Form 1040 to be excellent resources.