Following is a list of information for Peter and Amy Jones for the current tax year. Peter and Amy are married and have three children, Aubrynne, Bryson, and Caden. They live at 100 Main Street, Anytown, USA 00000. Peter is a lawyer working for a Native American law firm. Amy works part-time in a genetic research lab. The Jones’ Social Security numbers and ages are as follows:

In addition to the above, on September 17, Peter and Amy donate some Beta Trader, Inc. stock to Lakeville Community College. Beta Trader, Inc. is publicly traded. The FMV of the stock on the date of the contribution is \($700.\) Peter and Amy had purchased the stock on November 7, 2009 for \($300.\) Compute Peter and Amy’s income tax liability for 2022 using Form 1040, Schedules A and B, and Form 8283, if necessary. Assume the couple had no transactions involving virtual currency.

Data From Form 1040 

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Name S.S. No. Age Peter 111-11-1111 32 Amy 222-22-2222 28 Aubrynne 333-33-3333 5 Bryson 444-44-4444 3 Caden 555-55-5555 1