Required information [The following information applies to the questions displayed below.] Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $64,200 and $13,200, respectively. In addition to their salaries, they received interest of $354 from municipal bonds and $600 from corporate bonds. Marc contributed $2,600 to a traditional individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,600 (under a divorce decree effective June 1, 2006). Marc and Mikkel have a 10-year-old adopted son, Mason, who lived with them throughout the entire year. Thus, Marc and Mikkel are allowed to claim a $2,000 child tax credit for Mason. Marc and Mikkel paid $6,200 of expenditures that qualify as itemized deductions, and they had a total of $2,596 in federal income taxes withheld from their paychecks during the year. (Use the tax rate schedules.) Complete Marc and Mikkel's Form 1040, pages 1 and 2, and Schedule 1 (use the most recent forms available). Marc and Mikkel's address is 19010 N.W. 135th Street, Miami, FL 33054. Social security numbers: Marc Taxpayer: 111-22-3333 Mason Taxpayer: 333-44-5555 Mikkel Taxpayer: 222-33-4444 Prior Spouse: 111-11-1111 (Input all the values as positive numbers. Enter any non-financial information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Do not skip rows, while entering in Deductions section of Form 1040 PG1. Use 2023 tax laws and 2022 tax form.) Neither Marc nor Mikkel wish to contribute to the Presidential Election Campaign fund or had any virtual currency transactions or interests. Complete Marc and Mikkel's Form 1040, pages 1 and 2, and Schedule 1. 1040 PG 1 1040 PG 2 Schedule 1 Form 1040 Schedule 1. SCHEDULE 1 (Form 1040) Department of the Treasury Internal Revenue Service Additional Income and Adjustments to Income Attach to Form 1040, 1040-SR, or 1040-NR. Go to www.irs.gov/Form 1040 for instructions and the latest information. Name(s) shown on Form 1040, 1040-SR, or 1040-NR OMB No. 1545-0074 2022 Attachment Sequence No. 01 Your social security number Part I Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 20 Alimony received b Date of original divorce or separation agreement (see instructions) 3 Business income or (loss). Attach Schedule C 4 Other gains or (losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 6 Farm income or (loss). Attach Schedule F 7 8 Other income: a Unemployment compensation Net operating loss Ba b Gambling 8b c Cancellation of debt d Foreign earned income exclusion from Form 2555 Income from Form 8853 8d Be 1 2a 3 4 5 6 7 Income from Form 8853 Income from Form 8889 Alaska Permanent Fund dividends g h Jury duty pay Prizes and awards j Activity not engaged in for profit income k Stock options 1 Income from the rental of personal property if you engaged in the rental for profit but were not in the business of renting such property 8e 8f 8g 8h 8j 8k 81 m Olympic and Paralympic medals and USOC prize money (see instructions) 8m n Section 951(a) inclusion (see instructions) 8n Section 951A(a) inclusion (see instructions) 80 P Section 461(1) excess business loss adjustment 8p q Taxable distributions from an ABLE account (see instructions) 8q Scholarship and fellowship grants not reported on Form W-2 8r S u Other income. List type and amount Nontaxable amount of Medicaid waiver payments included on Form 1040, line 1a or 1d Pension or annuity from a nonqualifed deferred compensation plan or a nongovemmental section 457 plan Wages earned while incarcerated 8s 8t Bu 8z 10 Part II 11 Total other income. Add lines 8a through 8z Combine lines 1 through 7 and 9. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 8 Adjustments to Income Educator expenses 9 10 11 12 2 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 12 13 Health savings account deduction. Attach Form 8889 14 Moving expenses for members of the Armed Forces. Attach Form 3903 15 16 17 Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings 18 19a Alimony paid b Recipient's SSN Date of original divorce or separation agreement (see instructions) 20 IRA deduction 21 Student loan interest deduction 22 Reserved for future use 23 Archer MSA deduction 24 Other adjustments: a Jury duty pay (see instructions) 24a Deductible expenses related to income reported on line 81 from b 24b the rental of personal property engaged in for profit Nontaxable amount of the value of Olympic and Paralympic medals and USOC prize money reported on line 8m 24c d Reforestation amortization and expenses 24d Repayment of supplemental unemployment benefits under the 240 Trade Act of 1974 Contributions to section 501(c)(18)(D) pension plans 24f 13 14 15 16 17 18 19a 20 21 22 23 f Contributions to section 501(c)(18)(D) pension plans Contributions by certain chaplains to section 403(b) plans h Attorney fees and court costs for actions involving certain unlawful discrimination claims (see instructions) 241 24g 24h 1 Attorney fees and court costs you paid in connection with an award from the IRS for information you provided that helped the IRS detect tax law violations 24 1 Housing deduction from Form 2555 24 k Excess deductions of section 67(e) expenses from Schedule K-1 (Form 1041) 24k Other adjustments. List type and 2 amount 25 Total other adjustments. Add lines 24a through 24z 26 Add lines 11 through 23 and 25. These are your adjustments to income. Enter here and on orm 1040 or 1040-SR, line 10, or Form 1040-NR, line 10a Cat. No. 71479F 24z 25 26 0 For Paperwork Reduction Act Notice, see your tax return instructions. Schedule 1 (Form 1040) 2022 THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR 2023 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: $ 0 $ 11,000 $ 44,725 $ 95,375 $ 182,100 $231,250 $578,125 $ 11,000 $ 44,725 $ 95,375 $182,100 $231,250 $578,125 The tax is: 10% of taxable income $1,100 plus 12% of the excess over $11,000 $5,147 plus 22% of the excess over $44,725 $16,290 plus 24% of the excess over $95,375 $37,104 plus 32% of the excess over $182,100 $52,832 plus 35% of the excess over $231,250 $174,238.25 plus 37% of the excess over $578,125 Schedule Y-1-Married Filing Jointly or Qualifying surviving spouse If taxable income is over: But not over: $ 0 $ 22,000 $ 89,450 $ 190,750 $364,200 $462,500 $ 693,750 $22,000 $ 89,450 $ 190,750 $364,200 $462,500 $ 693,750 - The tax is: 10% of taxable income $2,200 plus 12% of the excess over $22,000 $10,294 plus 22% of the excess over $89,450 $32,580 plus 24% of the excess over $190,750 $74,208 plus 32% of the excess over $364,200 $105,664 plus 35% of the excess over $462,500 $186,601.5 plus 37% of the excess over $693,750 Schedule Z-Head of Household If taxable income is over: But not over: $ 0 $ 15,700 $ 15,700 $ 59,850 $ 59,850 $ 95,350 $ 95,350 $ 182,100 $231,250 $578,100 $182,100 $231,250 $ 578,100 The tax is: 10% of taxable income $1,570 plus 12% of the excess over $15,700 $6,868 plus 22% of the excess over $59,850 $14,678 plus 24% of the excess over $95,350 $35,498 plus 32% of the excess over $182,100 $51,226 plus 35% of the excess over $231,250 $172,623.5 plus 37% of the excess over $578,100 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $ 0 The tax is: $ 11,000 10% of taxable income 11.000 Let 100-1106 $11.000 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $ 0 $ $ 11,000 $ 44,725 $ 95,375 $ 182,100 $ 231,250 $ 346,875 11,000 $ 44,725 $ 95,375 $182,100 $231,250 $346,875 The tax is: 10% of taxable income $1,100 plus 12% of the excess over $11,000 $5,147 plus 22% of the excess over $44,725 $16,290 plus 24% of the excess over $95,375 $37,104 plus 32% of the excess over $182,100 $52,832 plus 35% of the excess over $231,250 $93,300.75 plus 37% of the excess over $346,875