(Get Answer) – Please complete the required federal individual income tax return

(Get Answer) – Please complete the required federal individual income tax return Please complete the required federal individual income tax return forms for Bob and Melissa Grant for the 2013 tax year.  Ignore the requirement to attach the form(s) W-2 to the front page of the Form 1040.  If required information is missing, use reasonable assumptions to fill in the gaps.Bob (age 43) and Melissa Grant (age 43) are married and live in Lexington, Kentucky.  The Grants have two children Jared, age 15, and Alese, age 12.  The Grants would like to file a joint tax return for the year.The following information relates to the Grants’ tax year:•             Bob’s Social Security number is 987-45-1234•             Melissa’s Social Security number is 494-37-4893•             Jared’s Social Security number is 412-32-5690•             Alese’s Social Security number is 412-32-6940•             The Grants’ mailing address is 95 Hickory Road, Lexington, Kentucky 40502.•             Jared and Alese are tax dependents for federal tax purposes Bob Grant received the following during the year:Employer                    Gross Wages               Federal Income Tax Withheld     State Income Tax WithheldNational Storage              $66,200                $8,000                                                                   $3,750Lexington Little League$   2,710                                  $    0                                                                     $      0Melissa Grant received the following during the year:Employer                    Gross Wages               Federal Income Tax Withheld     State Income Tax WithheldJensen Photography      $24,500                $2,450                                                                   $1,225All applicable and appropriate payroll taxes were withheld by Grants’ respective employers.The Grants also received the following during the year:Interest income from First Kentucky Bank                                                            $130Interest income from City of Lexington, KY Bond                                                               $450Interest income from U.S. Treasury Bond                                                             $675Interest income from Nevada State School Board Bond                                 $150Dividends from Target Corporation Common Stock                                          $2,100Workers’ compensation payments to Bob                                                            $4,350Disability payments received by Bob on account of injury                              $3,500•             National Storage paid 100% of the premiums on the policy and included the premium payments in Bob’s taxable wagesReceipt of payment by Melissa as a result of a lawsuit for damages sustained in a car accident:•             Medical Expenses                            $2,500•             Emotional Distress                           $12,000•             Punitive Damages                            $10,000                                                Total                                                      $24,500Eight years ago, Melissa purchased an annuity contract for $88,000.  She received her first annuity payment on January 1, 2013.  The annuity will pay Melissa $15,000 per year for ten years (beginning with this year).  The $15,000 payment was reported to Melissa on Form 1099-R for the current year (box 7 contained an entry of “7” on the form).The Grants did not own, control or manage any foreign bank accounts nor were they a grantor or beneficiary of a foreign trust during the tax year.The Grants paid or incurred the following expenses during the year:Dentist/Orthodontist (unreimbursed by insurance)                         $10,500Doctors (unreimbursed by insurance)                                                    $      625Prescriptions (unreimbursed by insurance)                                          $      380KY state tax payment made on 4/15/13 for 2012 liability                 $   1,350Real property taxes on residence                                                             $   1,800Vehicle registration fee based upon age of vehicle                           $      250Mortgage interest on principal residence                                              $   8,560