DEVRY ACCT224 WEEK 2 YOUDECIDE HOMEWORK

Activity

Prepare the Erbs Form 1040 tax return using Jackson's W-2. Click here for a fillable Form 1040.

Prepare a two- to three-page paper (approximately 350 words per page) explaining the following to the Erbs.

• Why can't you give them a refund?
• How were their refund and taxes due calculated?
• Why are they or why are they not subject to the AMT?

Grading Rubric

CategoryPointsDescriptionComprehension10Demonstrate a strong grasp of the problem at hand. Demonstrate an understanding of how the course concepts apply to the problem.Analysis15Apply original thought to solving the business problem. Correctly apply concepts from the course material toward solving the business problem.Execution5Write your answer clearly and succinctly using strong organization and proper grammar. Use citations correctly.Total30A quality paper will meet or exceed all of the above requirements.