Jack and Jill Brady are married. Jack is 42 years old and a design engineer for a manufacturing comp

Jack and Jill Brady are married. Jack is 42 years old and a design engineer for a manufacturing comp

Jack and Jill Brady are married. Jack is 42 years old and a design engineer for a manufacturing company. Jill is 45 years old and runs a craft business from their home. Jill spends considerable time and effort on her craft business and it has been consistently profitable over the years. The Brady’s have one child Julia, age 16. Julia is a high school student and works for a landscaping business during the summer—she earned $5,500 in 2018 Income: Jacks Salary $121,883 Jills Craft sales $18,400 Interest from certificate of deposit $716 Interest income from US Treasury Bond $1650 Interest income from Municipal Bond $920 Expenditures: Mortgage Interest on principal residence $13,700 Real Property Taxes on residence $6,200 Vehicle property tax based upon value $475 State Sales Tax $750 Unreimbursed medical expense $2400 Unreimbursed employee business expenses for Jack $1500 Interest on Credit Cards $650 Contribution to American Red Cross $500 Contribution to Veterans of Foreign War $325.

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