$1.$ Please prepare a $2022$ Form $1040$ with the accompanying schedules and forms based on the following information. The standard deduction and tax rate schedules should be $2023.$ Please be sure and calculate the tax on ordinary income and the capital gains tax and show your calculation on a separate piece of paper that you scan to the instructor with your income tax return. $$You may collaborate on the problem, but I urge you to try to work as independently as possible. It is to your benefit to be able to complete as much as possible on your own. Also, be sure to complete each as much as possible with the information you have been given. You may email me with specific questions.

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$2.$ There are items that are not included in the tax return. Please provide on a separate sheet the item number and the reason it is not included in income.

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Mark and Martha Jameson are married on November $25.$ They have three children whom she and Mr$.$ Jameson can claim as dependents on their joint return. The children$$s names are Stephanie $(14),$ Stephen $(12)$ and Stancil $(10).$ Mr$.$ and Mrs$.$ Jameson are $64$ and $62$ respectfully. Their address is $2555$ Country Club Way, Mobile, Alabama. They also have a dog named Mack.

$1.$ Mr$.$ Jameson is a school administrator and has gross salary on his W$-2$ Box $1$ of $$52,000.$ His federal income tax withholding is $$12,000.$

$2.$ Mr$.$ Jameson has interest income from State of Alabama bonds in the amount of $$4,200.$

$3.$ Mr$.$ Jameson has interest income from a money market account at UBS in the amount of $$5,600.$

$4.$ Mrs$.$ Jameson is receiving retirement of $$1,700$ a month. All of the retirement income is taxable. She received the retirement the entire year. She also had $$2,500$ withheld in federal income tax.

$5.$ Mrs$.$ Jameson works part$-$time and has gross salary on her W$-2$ Box $1$ in the amount of $$24,000.$ She has $$4,000$ withheld in federal income tax.

$6.$ Mrs$.$ Jameson owns a number of stocks. She received dividends from AT&T in the amount of $$425.$ She also received dividends in the amount of $$375$ from Regions Bank and $$585$ from Wachovia. None of these are qualified dividends.

$7.$ In addition to his job at the high school, Mr$.$ Jameson also has a lawn service. He is self$-$employed. His net income from the business was $$23,000.$

$8.$ Mrs$.$ Jameson owns a rental house on Camden Lane in Linden, Alabama. Her net rental income, after expenses was $$34,000.$ She materially participates in the management of this home.

Mr$.$ Jameson is a partner in ABC partnership. His share of ordinary income for the partnership for the year is $$22,000.$ His share of ordinary dividends is $$800$ and his