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1. Albert Gaytor and his wife Allison are married and file a joint return for 2022 . The Gaytors
live at 12340 Cocoshell Road, Coral Gables, FL 33134. Captain Albert Gaytor is a charter
fishing boat captain but took six months off from his job in 2022 to train and study for his
Masters Captain's License. In 2022, Albert received a Form W-2 from his employer, Coconut
Grove Fishing Charters, Inc.: The Gaytors have an 18-year-old son, Crocker, who is a full-time
freshman at Brickell State University. The Gaytors also have a 19-year-old daughter, Cayman,
who is a part-time student at Dade County Community College (DCCC). Cayman is married to
Sean Slacker, who is 20 years old and a part-time student at DCCC. Sean and Cayman have a 1-
year-old child, Wanda Slacker (Social Security number 648-99-4306). Sean, Cayman, and
Wanda all live in an apartment up the street from Albert and Allison during the entire current
calendar year. Sean and Cayman both work for Sean's wealthy grandfather as apprentices in his
business. Their wages for the year were a combined $50 , 000 , which allowed them to pay all
the personal expenses for themselves and their daughter. Albert's cousin, Jeff (everyone calls him
Swampy) Gaytor is 25 years old (birthdate 4/16/1997, Social Security number 542-11-5562).
Swampy lost his job and in 2022, received $3 , 200 of unemployment compensation. The
remainder (well above 50 percent) of Swampy's support was provided by the Gaytors, including
the rent on Swampy's apartment in Cutler Bay, FL, about 16 miles from the Gaytor's home.
Albert and Allison have a savings account and received the following Form 1099-INT for 2022:
Required: Use a computer software package such as Intuit ProConnect to complete Form 1040
for Albert and Allison Gaytor for 2022. Be sure to save your data input files since this case will
be expanded with more tax information in later chapters. Make assumptions regarding any
information not given.

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1- Albert Gaytor and his wife Allison are married and file a joint ret.pdf

  • 1. 1. Albert Gaytor and his wife Allison are married and file a joint return for 2022 . The Gaytors live at 12340 Cocoshell Road, Coral Gables, FL 33134. Captain Albert Gaytor is a charter fishing boat captain but took six months off from his job in 2022 to train and study for his Masters Captain's License. In 2022, Albert received a Form W-2 from his employer, Coconut Grove Fishing Charters, Inc.: The Gaytors have an 18-year-old son, Crocker, who is a full-time freshman at Brickell State University. The Gaytors also have a 19-year-old daughter, Cayman, who is a part-time student at Dade County Community College (DCCC). Cayman is married to Sean Slacker, who is 20 years old and a part-time student at DCCC. Sean and Cayman have a 1- year-old child, Wanda Slacker (Social Security number 648-99-4306). Sean, Cayman, and Wanda all live in an apartment up the street from Albert and Allison during the entire current calendar year. Sean and Cayman both work for Sean's wealthy grandfather as apprentices in his business. Their wages for the year were a combined $50 , 000 , which allowed them to pay all the personal expenses for themselves and their daughter. Albert's cousin, Jeff (everyone calls him Swampy) Gaytor is 25 years old (birthdate 4/16/1997, Social Security number 542-11-5562). Swampy lost his job and in 2022, received $3 , 200 of unemployment compensation. The remainder (well above 50 percent) of Swampy's support was provided by the Gaytors, including the rent on Swampy's apartment in Cutler Bay, FL, about 16 miles from the Gaytor's home. Albert and Allison have a savings account and received the following Form 1099-INT for 2022: Required: Use a computer software package such as Intuit ProConnect to complete Form 1040 for Albert and Allison Gaytor for 2022. Be sure to save your data input files since this case will be expanded with more tax information in later chapters. Make assumptions regarding any information not given.