The taxpayers are Bill Beau Bagin (social security number 333-33-3330), born January
17, 1973, and his wife, Sara Lee Bagin (social security number 444-44-4440), born April
12, 1973. Both have good eyesight, and live with their two children, Ned and Megan, at
789 N. Code Drive, Chicago, Illinois 60699, (312) 679-9999.
Mr. Bagin wants to contribute $3 of his income tax to the Presidential Election
Campaign Fund. Mrs. Bagin elects not to contribute.
The Bagins’ son, Ned, is a 17-year-old high school student, born June 15, 2005. Their
daughter, Megan, is twelve years old, born August 9, 2010 and a junior high school
student. Neither child had any income. Ned’s social security number is 300-11-0001 and
Megan’s social security number is 300-33-0003.
Wages and Expenses Generally
During 2023, Mrs. Bagin was employed as an elementary school teacher, employed at
Elementary School 0205, Main Street, Chicago, IL 60699. The school’s employer ID# is
99-6665432.
Her Form W-2 for 2023 reports the following:
Box 1. Wages, tips and other compensation $61,985
Box 2. Federal income tax withheld $ 5,026
Box 4. Social security tax withheld $ 3,847
Box 6. Medicare tax withheld $ 899
Box 17. State income tax $ 2,790
Mr. Bagin works part-time at Joker Grocery, West Maple, Chicago, IL 60689.
His Form W-2 for 2023 reports the following:
Box 1. Wages, tips and other compensation $15,000
Box 2. Federal income tax withheld $ 1,200
Box 4. Social security tax withheld $ 858
Box 6. Medicare tax withheld $ 201
Box 17. State income tax $ 600
Neither Mr. nor Mrs. Bagin is covered by their employer’s retirement plan.
Mrs. Bagin made a $1,500 contribution to a traditional IRA and a $2,000 contribution to
a Roth IRA in 2023. Mr. Bagin decided against making a contribution to a traditional
IRA.
The Bagins received a $400 state income tax refund. They used the standard deduction
of $25,900 on their 2022 federal income tax return. The Bagins also received a $550
federal income tax refund.
The Bagins made federal estimated tax payments of $2,100 for 2023.
The Bagins incurred the following medical expenses during 2023:
• prescription drugs $1,000
• doctor bills $6,724
• hospital bills $4,256
• transportation $ 100
• eyeglasses