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Tax return project | Accounting homework help

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Tax return project | Accounting homework help Prepare the Burns’ 2021 federal tax return.  They have asked you to minimize their tax liability to the extent legally possible.  Round numbers to the nearest dollar.  Clearly state any assumptions make in completing the tax return.  Include any supporting schedules.  The following 2021 tax forms are required: • Form 1040: U.S. Individual Income Tax Return, pages 1 and 2 • Form 1040: Schedule 1, 2, 3  • Form 849: Sales and Disposition of Capital Assets • Schedule C: Profit and Loss from Business • Schedule D: Capital Gains and Losses • Schedule SE: Self-Employment Taxes (use the short form) • Computation of tax liability (i.e., the Tax Computation Worksheet and the Qualified Dividends and Capital Gain Worksheet) 

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