Alfred E Old and Beulah A Crane, each age married on September Alfred and Beulah will file a joint return for Alfred\'s Social Security number is Beulah\'s Social Security number is and she has chosen to use \"Old\" as her married name. They live at Brickstone Drive, Atlanta, GA

Alfred was divorced from Sarah Old in March Under the divorce agreement, Alfred is to pay Sarah $ per month for the next years or until Sarah\'s death, whichever occurs first. Alfred paid Sarah $ in In addition, in January Alfred paid Sarah $ which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years\' income taxes. Sarah\'s Social Security number is

Alfred\'s salary for is $ He is an executive working for Cherry, Inc. Federal I.D No As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $ for Federal income taxes and $ for state income taxes. The proper amounts were withheld for FICA taxes.

Beulah recently graduated from law school and is employed by Legal Aid Society, Inc. Federal I.D No as a public defender. She received a salary of $ in Her employer withheld $ for Federal income taxes and $ for state income taxes. The proper amounts were withheld for FICA taxes.

Alfred and Beulah received taxable interest income of $ Alfred and Beulah received a $ refund on their state income taxes; they claimed the standard deduction on their Federal income tax return. Alfred and Beulah paid $ interest and $ property taxes on their personal residence in They paid sales taxes of $ for which they maintain the receipts. Alfred and Beulah have never owned or used any digital assets, and they do not want to contribute to the Presidential Election Campaign.

Required:

Compute the Olds\' net tax payable or refund due for Use Form and Schedule to complete this tax return.

It may be necessary to complete the tax schedule and worksheet before completing Form

Enter all amounts as positive numbers.

If an amount box does not require an entry or the answer is zero, enter

Make realistic assumptions about any missing data.

When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar.

Use the Tax Rate Schedule provided. Do not use the Tax Tables.