Federal Income Tax Comprehensive Project

You have recently been hired by the accounting firm of Debits & Credits LLP. Your first assignment is the 2016 Individual federal tax return of John and Jane Harrison. The return has been prepared by an overseas staff member. Your assignment is to:

1. Use the provided client information to review the accuracy of the Harrison's 2016 tax return as prepared by the overseas staff member.

a. Provide a "to-do" list for the overseas staff member, including a list of items on the return which are incorrect, and clear explanations.

b. Provide the staff member with corrected amounts for Form 1040. You can prepare a revised Form 1040 or note on the staff member's prepared Form 1040 the correct amounts for each line which is incorrect.

2. In excel, use your corrected amounts to compare the Harrison's 1040 to the IRS Statistics of Income (SOl). Compute the variances using the SOl for Married Filing Jointly filers who itemized in 2015 (use the by filing status tables). For any variances greater than $5,000, note whether the variance increases, decreases or has no impact on the taxpayers' audit risk. Explain your answer.

3. Your manager is excited you are using the SOl to assess audit risk for the Harrison return, and is interested to know what other information can be retrieved from the SOL He has asked you to use the IRS SOl for Individual Income Tax to answer the following questions (use the by AGI tables). Provide answers using the All Returns information.

a. At what dollar amount of AGI do exemptions start to decrease? Why might that be? b. At what dollar amount of AGI do itemized deductions substantially increase? Why

might that be? c. At what dollar amount of AGI does the percentage of social security that is taxable

flatten out? Why might that be? d. At what dollar amount of AGI do Keogh deductions substantially increase? Why

might that be? e. At what dollar amount of AGI do Student loan interest deductions start to decrease?

Why might that be? f. Describe the pattern of AMT in relation to AGI. Why might this pattern exist? g. At what dollar amount of AGI does the Nonrefundable Education Credit start to

decrease? Why might that be? h. Based on the statistics, is there a tax credit which does not appear to phase out with

AGI?

Note: Data on the SOl tables may need to be manipulated when completing parts 2 and 3. Amounts reported in the tables are rounded to the nearest 1 ,000. In addition, Income/Deduction/Credit items in the tables are the total amounts for each item reported on all tax returns. The total number of returns which reported each item is also listed. To compute income/deduction/credit amount per return, the total amount should be divided by number of returns reporting the item and then multiplied by 1,000.

Client: Spouse:

Address:

Children:

Client Information

John Harrison (date ofbirth 08/10/1966 & social security #456-78-0123) Jane Harrison (date ofbirth 06/01/1968 & social security #321-45-7891)

610 Market Street, Wilmington, NC 28403

Amy (date ofbirth 01/15/1998 & social security #055-44-3235) Chris (date of birth 07/22/2002 & social security #041-11-3268) Mike (date of birth 08/02/2006 & social security #068-11-1789)

Health Insurance: All family members were covered all year under Jane's employer provided plan.

Additional: • John is self-employed. He has owned and run a cash-basis doggy daycare for the

past 3 years. During 2016, the daycare purchased no depreciable assets, and made no payments requiring 1 099s. ·

• John has a SEP-IRA and would like to contribute $5,000.

• Jane is a Human Resources executive. She is covered by her employer's retirement plan.

• Amy is a full-time college sophomore. She lives on campus but comes home over school breaks.

• John's uncle died and left John $50,000 in life insurance proceeds.

• On January 1, the family moved to Wilmington, NC for Jane's job. Jane's old office was 20 miles from their old home in Raleigh, NC. Her new office in Wilmington is 160 miles from their old home in Raleigh, NC. The cost of moving the household and the family was $12,440, not including meals.

• Following the move, John and Jane were unable to sell their home in Raleigh (9 Madison Way, Raleigh, NC 27612). They began renting it out January 1, 2016. John actively manages the property, and made no payments which required forms 1099. The income and expenses related to this activity were:

Rental Income Repairs & Maintenance Expense Real Estate Tax Expense Mortgage Interest Expense *Depreciation Expense

$20,400 $ 331 $ 3,840 $12,270 $ 8,779

*The fair market value of the house on January 1, 2016 was $251,900, original cost $280,000.

• Jane and John provide the following list of additional expenses they paid during 2016. They have written documentation and/or receipts for all expenses.

Alimony (Mark Thomas, #245-11-1756) Charitable Contributions - Cash Charitable Contributions - Clothing

$ 8,000 $ 8,800 $ 200

to Salvation Army Childcare Expenses (for Mike) $

to Children "R" US, EIN#12-3456789 Credit Card Interest $ Dental Expenses $ Doctors, Prescriptions $ Gym membership $ Income Tax Preparation Fee $ Political Contributions $ UnionDues $ 2016 Estimated tax payments to the IRS $

2,500

1,500 5,200 1,800

600 1,000 4,500

800 4,000

·::r Q.(")e. \-\a.c '\so I} t:, \a ~ '(Q..--\- St\ Qe-\-w\ \ m \ nscn' 1\JC '2.2'\1 03

f Employee's addi'IISS and ZIP coda

15 Slltl Empl~'sstateiDnumbar 16 Slsho_.a.tlpos,e\c, 17 StateincomeliJc

-~-l.JL\lHtlL ........... ______________ L~~--~--'------J,SSQ ___ _

I

Fonn W•2 Wage and Tax Statement

Copy B-To Be Flied With Employee's FEDERAL Tax Return. This Information Is being furnished to the Internal Revenue Service.

•

00

18 Loelll wa; .. , tlpa, eto. tO l.oaallnoometalt

................................................ ~ ·-····-···------·

Department of tha Treasury-lntamal Ravenua SeMea

Hairy Pup-Ins, LLC 4 Windrift Lane Wilmington, NC 28406

Revenue

Advertising Expense $1,250 Dog Supplies Expense 4,500 Employee Wage Expense 16,670 Dog Food Expense 18,890 Insurance Expense 1,620 License Fees Expense 800 Utilities Expense 5,600 Website & Video Expense 2,630 Depreciation Expense ------=-7_,2=8=0

Total Expenses

Net Income

$98,640

59,240

$39.400

~- r:"'t'-:"""'~"""il'" r-.,Tl"'""-: -. r.,r,·•::-~J a.--tt.h-bedl3:456789 ~ r.t., \. ~ .. \"' .l .. ., ""'Uftal"nulll • . > · - •"'II ..,. ·· · ;.1,-_..~,., "! - · • ... · Reapient's 1dentificati_on

TAX' AND YEAR-END STATEMENT :!cMC\ + 'l"CU1~- ~n<;;~ Number:---· 0\~

Payer lnfllm1llliaa: PERSHING LLC Federalldenlilil:.idion Number: 13-1141 rn

l;., ' .. - .-.....-...... -~----__;.-_...., _____ _..__

Proceeds· . Cmt or Olber Basis: :FQpiiiQII.IIt T.ax \'Vilb1iel4- Pro~:~eeds - -­$1~te-fax·W"Lthhelct-~-"-.. ·------·-·-.. -----·--·-·---..... Regulated ffJlrm'and umncyfotwOfd-Corttrods: Profit or~) Realii:ed ift.lGiL __ . · '--"""'"'--~---.. -.... - ........................ .-_____ tJ ilnreme<{P.rofitor-(l.Q55) 00 Open.Cootlads:-12/3l{iN;f....:.._ .... --·-~--~-~- e ~ P.rQfitJ)I' ~}~Open CQo.ltads -ll/31/.lOXX 0 Agg(pl'ilij\ti:lr,(l~_-_:_,_ .. ..,..,.-. ...,...-- .. . - -. ·- . . ..o -fedsalfnalme'TarWtield -Reg; fulareundforelptCUir. fanadc:antrads ;.;;_,;,.;,;__ 0 Stat.!.:rmtwllhheld -Reg. Futl.lres-and Foreign·{.tJrt·Fo!Wafd Qmlrec5.:.:..;_::__~=.:~~-'-'-"-.- 0

...X.,.;.~ ...... t { ~· ·- .., .... , .. -.- .... ·"' - -.... .. ~ . . . ~--- ,-,-~· · ~~· .... . -~~ ~ .... Qlim,.. . -~. -a , e ... .-·· -~~---~~ ._\;u:;. • ,p, .. .,. ;.

·1!!!11. : 1~ . . -. . ....... - ...... :·.~~i~-••IQ.c.t..lncnnfe_.., __ w ______________ ....,._~.,.y:¥1'~ :., ,..,.,., "

3 Interest-on· u.s. Savirrg>Bonlls &'}reastny'Ob\jgatillns_.::.,.,..--.:---~. 0 4 JederaH~~~:~~~~~etax·Wathheld. · · -·M _ _;,;,.,;_..;;;;_ 0 -S IIM'SimeFit fxpellS@!i_ ... ~-----~-~-----:;=~:..:~: .. .:_ __ ~..:.:... 0-. .. : 6 Foreign Ta~tPaiL--.... ------·-..,.:_ ___ ,,_, __ .:. 8 '!llx-ExempllnleffSt.~--------.••. _,........,...,.,. ..... ~~-:-- ,,ooo 9 Spded·Private· Activily eooctinten!!it. __ ..:. __ ...:...'"t~~-- ~co • 1& Market:Disc.ount(For~lflln5ildions{)niy} .... _~~--'·-:·~.,.....-- 0-J.l 8ondl'n:mium{forC'.owrl!dl~sOnlv). .. _ _:~-""-'-·-· _:-~ - : .. P 12 Bond Pn!miuln on 1i'easwy obftgaliOns (for CoVered Tlllnsai.ti0a5.ct~~ --. - 0 13 .Bcr1QPremiUmon ~~(fOi'~QI\'l ~):.;.;::..__..;__ 0 lot ~1lond<lJSIP No. -1~7 S1Bili5!alei~Tax·Wihheld· .. 0

rAlCA~RI!Ifl~ _.__

·Ia

lb. -~ 2b 2c 2d

... ...._:... .A;.

. .:.. '!!!!! . -. --,-- . -- · Jt.,ACMJ'Jf~ . ...-- .. -

. ... Amllllllt

TOliiiOfdiFial'f oivid~~ .. ---~·-.. -·--·--·--·---.. ·-·-.. ·--·-· ~15oo .. ~.c..:..·.. . ... \ ,OQ

Qua~~~~_Oividends_,~---------~--.. ·-· --·· # T.oli!Tdptfiii,Giin.~--:-.. ---·-.. -----·--·--- ~ 'iQ9 l,lnteci!pbJ~Jn25~~ ~: : . .:..._: ·-·--.. ·-----.. ----- 0

-Section ·1202 Gliit:...-......... _, ___ ........... ____ , ______ , __ .... _,_____ 0 CoR~{280At).G$.t--'--·-----.;.-....... _..;. ________ . 0· J.:=&:~"' ' ·"~ . s 3. ;-lll.pistllbuti011S..-----··--·· .. -•-·----------·-- Ob

4 ~.r.w fn.dliit 1 . Willibefd' 0 --:~~- • _· ?-.: e ~~" . -~ ... -- . 5 -Jt.t~~~--------------·--- .. ---·--- 0 6 · ~-m~ ____ ...;, . ..;...._·_· ----------- 0

i:·4i~>-~-. ·. caSft:~ ~~~-_: __ , __________ , ___ .... __ ,____ 0. - 9- "'~7;.. No~idatioo Oistllbutllnrs~.-··------·-·----.. -·- 0 . ld. . :., ";Ex.eQlpt ~ O".rvidends 0 ~~t .... ~~-~AI:tiVILV-mxtd'J:nter6t OMd'ends .. --. .....:== .... --~ .. -~­_· -li~o/14 ~ tD t/S1at~:raxWill!fleld-::--.. ~---.. ---·-------

.. . .fAlCAf.ffillg·RB[uiremenl --· -· -·

·' .;, ' • - -~ ·------_....~- - ~?.i~--~- - . .. . .

- . . .

Pitgel ~

I !

l~·--~ Account Number: 123-456789 TAX AND YEAR~END· STATEMENT

:JO'""'. -t "'3'o.ne_ ~n·, SCr"\

Payer klfonnatlon: PERSHING tLC · Federalldentlfication·Number: 13-2741129

icn6 FOmi icM-ii - Procads From Broker and Barter &change iansadions ~-~~ 4.---t-~'1111!\'V«.~~-~~~ - · ·" · -··.~

dMB NO. 15'45-071 i -. -- -~ .......... # ~· ~ • -. "'"--- --.....

11ais is important tax lafarmatiaR iiiMI is beiq furnbllell to the latemal Reveaae semce (except as iaclkatecl). If you are required to file a return. a negligence peaalty or other sllldlon may be Imposed Oil you if this iDonle is tuallle ancl tile IRS delennines that It bas not been reported.

Date· Date So(d <:est~-··· -D "'MaR<et Di5c:ollllt (lt) 01spos'jtion Quantity. ~uired or ~posed Proc!!f!dS -p~~iS· :. · o = O~Qil Prerpiutn TraASaclion Di&position Melhod· -(Box la) .(Bmr. .. lb) ·· (Bell ·lc) (Box 1<1}· (Be le) ·: · · · W---Wash-Sale Loss.(lg)

_-Sitcnt•Tenn·l'~ll$ for·\'llhic:h·Basisls Repo~ to ~~·HIS • Rep~rt'~f9rm ·B949; ·Part I,·Watlt Box A_~-. ~·(Box])

-Descriptkii<Dftt•): A~ ··eel!!~ SEll . RRSTINARSlOOT lO SEll 00 ~ fiRST otiT :J.D

CJ/1/1fa J0/2./f(p

11/t{p/1 (p

JJf,ti fb \,soo

-~coo •

1.J,SCXl

l,~

.3, ~00 -~0·~

r

Reallzed:G~n. or (Loss)

Ct~)

(q~) --· . . iffiit) ~·-

::!

I

f~·~~IWilsl: :fo'hl'\ +"-:!~ \~f~Saor'\

Ac.coullt ilumiaer. 123-45i189

Payer !ntorrnalioi'I:·PERSHING LLC

TAX AND' YEAR-END SIATEMENr

federal-ldentifiatiaa Number. 13--2741719

~ F10nt BrOker aDdiarter eidtanp ianiadlons - - ~MB Nci.i 545-0n 5 _f!~~on~-~~--=-~-- --·-..:....:-'=-~--=---· . ~

~~ii-POn. lQfi-8

Date oate-5-old· Cost-or D:~et0is.~unt(l1) -- - ---· oi~itiQ.g, .. Q.ii;,tiJtitY Acqilitei:l - or llfs¢sed l>rQceeil's '• - - Ofhei 'B.a5is . 0 ::; .OptiOn ~m 'l'ransadion ·Oi~_Method {&xla) {Baxtb)· (Boxlc) _ , _ (Boxld) (Boxle) W~Wash-SIIIeloss{lg)

tccrg-Te;m..."'tta~~ti$1o_t M(ICft lra$i$ .1.$ ~to 1M IJIS:.Rey.ort:onBHtil 5\t; P.atUJ, wnti._ o·Cilecked ·eo,ered·.(B.o:r.:~:(~ ... -

Reilfsze(f(iafu or (l.nss)

Gtsaipliaa (B1Il ta):-800-lCOMPANY· sei .ARSl-INRRSTOUr 100 e'1Jps-J_1d' !_Qlo\I:Z..t~\~ \rcoO- ~S_co ··-- {t~Soo) SEll _·flltm~-~~~UT -200 ~'{~1~~~~- lo\o\la.olt; ~-_qx)_ ~~ -'?!-~

SRURIIY"!'..~- --c . : _!}Qg ~-~ {Ca.,;?._ -~------ - -···- --- -. ;-~~{SOx t,i): SCI\. COMPANY'

·sm . . msJ'1l'HJRSTO!IT 1t_lO

-s1=u . -~ !N A~·our:· . ~s -sECURITY -TOTAl · ·

~~ ~ ~\'l);__AtmAEQtli1Y· -"9!l.L - · FIR,9··~t AR51 our .5E~ fl~·~»C:~ SEU f.lf&_ ltH15f..OIJr

.sE(URflY rmAL.

~

.30 '30

'02J02./1P\O o;..Jo~O

Cl/10 /lit 03../os-/ ltf o-~ 0$" /J tf --~

-

~t51.au!.~ -... t2e0 > ~i~-~ &> . ~: 100

. o~J o\ tlo\ID os- l1a-/aofi& l0/20/JJJ''-

. . 3,q£:9

~.C:lLf.O \,5~0 \,530 ~0

- ·----" ::ll'..,.,~-

\~0 I.

~,·Q.Sb

3>· lSO I

B\)0

iSO "~:.

\ Sl:>O SifO \: '.2..{. lfO$' \. l2.S' 'f()s-

-~,S'o_ --·- - ~~: wf.t:crin.C,nteisd:.r.ota~ IJ COO l~t609 .... - =r:i1t>o)

..... ,.,..., ___ . ~-~-

Qo~~ """'{'~ ' ~VSOt2 -..-::f= . {5ooQ)

:;%: -

::!

j §

;i

I ~

~~ lllme alld-.Mrltis ;.;: ......_~ ! ·-- • --'-·

Auouat.Namber:.ll3-45im .TAX. AND YEAR·~·-sTAlEMENT

:JQ~ -+ :s~ \-\-or-r~\ ~-on

Payer lnformalioa:-PERSHING li:C ·Federal klentiftcdon Number. ·B•2-741729

~,,- -. --- 1: . ,

.iQ9ii.~ low :t:~R~ -~~t==·'~<-~:...:::: __ ,..

OMB1No. 1545-iflS --

1his is importaol tax illformatioa and is being furnished to ttae Internal Revenue Servia! (ex(ept as indkated}. H you are required to file a 11!1urn. a Degligence penally er o1ber saadlom may be imposed em you H tlais laCOJDe is taxable aad die IRS delenaiRes tbat it bas nat~ rtpertecl.

-_ • t-'1. - • .·, •:,:-;··--:-; -~-- • •Q.-.."s. .,..~-~-. ""~ I ~-~~- ..,_.~ ··. • _l;,;ii ,;-r;:-; ..,._ ' : [W'". ;,.-~"'T '•r ~;-'\" .:(...._ ~'" 'l. -..o.l:l!lo.o-.l ~l '•'< .. _"7 •• • ··).. ::1. , -. ·"I" •· ~-- <~ •· .,r .... "'1!11 • ·.>., ... ._::'" .... ''"'niV VI ......,.. i'" ... l' .... ,. : ":"'· .. .. • ?--· . f-:r·. . , . , , . , · ,_~, ·" ·t ... , .. ,.-. . ~ • i:ll.o •11-';:-r ..;;_~ ~.:

Tax•tJ) •• utnl3et_. ' 1 . ' .._ L . ~ ''_ .. ' ,c· ! ·8:_ :>": .... _ ~ • • *'~-. o.-..u;_, Private A~ir-.. ~~ ' '~ - .... I ~ .... z , ...... 1r·~~ .• ~.~·~ d .._ __ __.. lntarest ·---- ~~t·•-a.-..10. ....... - , • ._A:. • ..,__. -- ·' ~ "'"11 aa ~· ..... 0\QU~er.. - u~~~;- ~-~~ IPWI"~. - • I i . . !i"<H~ -.-:-· ·.:!·' - •.

I ., ' ' .• · •. ~ I ;~~ ~-'-~!;: . T -~· ·-, ~~": ;· :~~- ~..:~ •• ;;~~::~·~_ ... ,. "\i -j·C1Qser~y~:Q%_ ·aortd$~ ] · 1,1WI · of · ··· ·· M•urttv dat-a Q:l/14/2o.30 f·, .:·. ·.- :· ~:· _ : .·: ._··. ·---::· .·.. t

Closer-Company,_S% Bonds, I .MatUrity .date 06/15/207..5 .

North carolina St·Refuhding Series 1

8

2;0001

I 0

I . -~Totals : I - -- 3.,21)0:1

. I

-~.-

o~ 1

1,0001

I t

1'·"'0tl' _..,;.,. . I

·o~

I .. ---! - -- ·ol

l 6oo:l

600j I

Aciaullt Number: lD-45618! TAX AND 'YEAR'!'END.:STATEMENT

Payer lllformation:·PER5H1NG LlC Federal·ldentiliratloa·Number: 13-174·1119-

1 & Fonn 109i.:fn ~ ~--·-· --------------~··- ·------ OMB .. No .. i~s . • . . . - . - •. . . . • . . . . ·· ":'· .. ! . · .. ·· · i . i ' ~~~~O.t~~~-~~~},fumH. · _.· . . " .: . . l'L · .. ·:.. _. lb.J .· ... · .. : :Za.·t : .. ·. ~·J 4\ .. . ·6w1

~"hxfD i.=..:"~ . I ·rQw::: :: =~;:jl: ~o~l·:ca:_;·~: :·::;11. :-lna:::!1 ~~==~ ' ' · I · Distributions . · With~1d-l- · · · : .·. . :: ·, . I . . . . . . .. . . . I

\~~~- - ·- - 67s\l - - mi oj - 50111 - Gll

. ! ' I I

jiNVESTORS·FUND-A I

2251 2251 4001 I

GJ ol I . I

0 I I . . ,

0

I I I ~------------~---------1 ----------------~----------------:.GROWTH &-INCOME FUND I 1,250• ·sool ·o!

i

l ·Q 0.\ ·0

l!Toy,Company 350' I . t

).,. taL. I <t'.'.llftft.,: l •o .. ~' . L ~-

l I ~ .. 7.00 '

01 0 0 0 3sol

40ql sot 8!] ·- - - _l -· -·- -~

0 CORRECTED lJt checked) RECIF'IENT'SILENOER'S name, street addrea&, city or town, state or •caution: The amount &hewn may ·OMB No. 1545-0901 province, country, ZIP Ql" foreign postal c:ode, and telephone no. not be tully dediiCiible by you.

~©tGa LlmRs baaed on the loan 8111ount Mortgage -:r\J* Loo.ns., The... and the cost and value oltha S&Gure!l pror: muy apply. Also, Interest

Po, ~o" ~)000 you may on deduct interest lo the (Rev. July 2016) Statement Ullwlt H was Incurred by you, &gtuelly paid by you, and not

1\u'::l-t\ C) I 'IX 1'?.>~0 \ relmburaed by another peraon. Form 1098 1 Mortgage Interest received from payer{a)lbDII'OWa/(s)'

CopyB

~~LENDER'S 1edaral $ .!!~ O!JO For Payer/

PAYER'SIBORROWER'S taxpayer 2 !)u!Btsndl~~ mortg:wf 3 Mortgage o~glnaUon date Borrower ldentHlcatfon number ldentmcatfon no, principal ea c 1/11201

~-78--0l23 $ The Information In boxes 1

22-33oo4lftt ~~efu~a or oVi~rpwd 5 • ortgege rnauranco through a Ia Important taK Interest premiums Information and It being

F'AYER'S/BORROWER'S name $ $ furnlahed to the lntemBI Revenue SetVice. If )'011 ara

:fohn t\-o..rr~sO) 6 P<;>lnta peJd on purchase tit principal residence required to flle a reUil, a $ negligence penally or other

Street add ies$ (lnoludlng apt. no.) 71& address of property secLJrlng mortgage Hme 111 sanction may bt Imposed

lt,\0 ~CLC~ S-tre& PAYER'SIBORROWER'S addreaa?

.)( on you If theiRS determines

II Yes, box Is checked , that an underpayment of II N<;>, see box 8 or 9, below tax ruuHa bacauae you

City or town, state or province, country, and ZJP or foreign postal code overstated a dedl/cUon

LS, \~\ 1\c,..--h>n. /\){;; c;l~03 8 Address of prcf'Grly securing mortgage for this mortgage intereet

or for 1hase points, reported In boxea 1 and 6; C6

10 Other v because you didn't IBport

R~ e5-\t:.~ ~E'S 1/>'"i 9 If prcperty securing mcrtgage has no edd'V$11, below Is 1he the refund of lrltemt

()CO description oftne property (box 4); cr becauae you claimed a non-deductllle

Account number (see lnattuctiona) Hem.

Form ,098 ee for o~r records (K p y www.lrs. /fcrm1098 De an -P ment of the Tl"l!llsury lmemal Revenue Service

\

\

LER S name,' street ad ess, city or town, state Ol prov foreign postal code, 111\d I!Jiephontt number

A e,~ C.ri n €..9\ e, f>. 0. <2>~ 1~ \\0 ~ \ \:x.m~ I N 'Y 11. '20\

L.ER"'Sl8c ra ldentlncalion no.

88"-'1qoo '\ \ SnJDENT'S name

~~

Fonm 1098-T (keep for your records)

2 Amounta .~ eel for qualified IIJ!Uon and r&lated expenses

$

$ II Adjustmen1s to

&t:hoillrshiP6 or g1"111118 for a prior year

www.lrs.gov/form1098t

OMB No. 1645-1574

~©1,

Form 1098-T

7 Chock it the amcUII In bOll 1 or 2 lnolucles amounts for 1111 academic period beginning January

0

- March2CI17.,. D und ·

Tuition Statement

opy B For Student

Thla Is Important talc Information

and I& being fumlshO(j to the

Internal Revenue Service. Thi8 fonn

must be used to complele Form 8863

to claim aducaiiQn credits. Give~ to the

IIIX preparer or usult to prepsns the tax return.

Department of the "r rtiiiSUry - Internal R9'11enue SeNtce