Compete all the necessary tax returns and schedules for the Lopez family as indicated, including an assumptions/position document.
You can either work independently or in a group.
Be sure to include with your submission a word document in which you list any assumptions or decisions you made along the way toward completing the return. Examples of this would include: standard or itemized, regular MACRS, bonus or 179,. tax-exempt items excluded, etc. You should explain the decision taken including computations as needed.