Prepare a mock tax return with the necessary forms using the following information. Josh (age 44) and Carli (age 41) Wiedman are married and file a joint tax return. Your firm is preparing the return. They reside with their 19-year-old son Ryker and 12-year old son Blake. Ryker is a freshman at university and lives on campus but returns home during the summer and breaks. Ryker does not provide greater than ½ of his own support. They do not want to contribute to the Presidential election campaign and did not receive, sell, send or exchange and financial interest in virtual currency. Their Social Security numbers are listed below:

Josh 123-45-6789
Carli 987-65-4321
Ryker 456-78-9012
Blake 789-12-3456

a. Carli is a medical transcriptionist for Beaumont Clinic, where she earned $60,000 in cash (after paying for her health insurance and contributing to her 401(k)). Her employer offered health insurance through a high deductible plan and paid $7,000 of the $12,000 of premiums (Carli paid the other $5,000 and it was deducted from her wages). Carli also participated in the employers defined contribution plan and contributed $8,000 to a 401(k). The employer matched her contribution and also contributed $8,000. Her employer withheld federal income tax of $9,375, state income tax of $2,000, and social security and Medicare tax of $4,590.

b. The Wiedman’s sold 200 shares of DM stock for $18 a share on June 15, 2021. They purchased the stock on December 12, 2012 for $10 a share. They also sold 100 shares of RSA stock for $15 a share on October 2, 2021. She purchased the stock for $75 a share on February 2, 2021. The couple received a Form 1099-B related to the sales showing their basis. As a result, you do not need to complete Form 8949 and can include short-term totals on line 1a and long-term totals on line 8a of Schedule D.