Thus far in the course, you have prepared tax returns with the OP assignments th

by | Aug 1, 2022 | Accounting

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Thus far in the course, you have prepared tax returns with the OP assignments that focused on certain tax topics, forms, or schedules. In this unit, you will complete the first comprehensive tax return. The return will require you to utilize all of the information you have learned in the course so far. Furthermore, the instructions provided will not include the level of detail provided with the OPs, as you have been introduced to all of these forms previously.
Your clients, Ross and Rachel Geller, both age 53, are married and live in New York City, NY. You are the tax accountant for the Gellers, and they have requested that you complete their 2021 federal income tax return, including Form 1040, Schedule 1, Schedule 3, Schedule A, and Form 8863.
The Gellers have four children, none of whom are married or disabled, that they provided more than 50% support for in 2021.

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