! Required information [The following information applies to the questions displayed below.] Marc and Mikkel are...

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! Required information [The following information applies to the questions displayed below.] Marc and Mikkel are married and earned salaries this year of $66,100 and $24,600, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $1,550 from corporate bonds. Marc contributed $3,550 to a traditional individual retirement account, and Marc paid alimony to a prior spouse in the amount of $2,550 (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 $8,100 of expenditures that qualify as itemized deductions, and they had a total of $4,180 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 2022 tax laws and 2021 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 (use the most recent form available). 1040 PG 1 1040 PG 2 Schedule 1 Form 1040 Page 1 and 2. Form 1040 Department of the Treasury- Internal Revenue Service (99) U.S. Individual Income Tax Return Filing Status Check only one box. Single Married filing jointly 2021 OMB No. 1545-0074 Married filing separately (MFS) IRS Use Only-Do not write or staple in this space. Head of household (HOH) Qualifying widow(er) (QW) If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child's name if the qualifying person is a child but not your dependent. Your first name and middle initial Last name Your social security number Marc If joint return, spouse's first name and middle initial Mikkel Taxpayer Last name Taxpayer Home address (number and street). If you have a P.O. box, see instructions. 19010 N.W. 135th Street City, town, or post office. If you have a foreign address, also complete spaces below. Miami, FL 33054 State Foreign country name Foreign province/state/county Foreign postal code Apt. no. ZIP code At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency? 111-22-3333 Spouse's social security number 222-33-4444 Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund. You Spouse Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness Dependents You: (see instructions): Were born before January 2, 1957 Are blind Spouse: (2) Social security number Was born before January 2, 1957 (3) Relationship to you Is blind (1) First name Mason Last name (4) if qualifies for (see instructions): Child tax credit Credit for other dependents Taxpayer 333-44-5555 Son If more than four dependents, see instructions and check here 1 Wages, salaries, tips, etc. Attach Form(s) W-2 Attach Sch. B if required. 2a Tax-exempt interest 3a Qualified dividends 4a IRA distributions 5a Pensions and annuities 6a Social security benefits 1 90,700 2a b Taxable interest. 2b b Ordinary dividends. 3b 4a b Taxable amount 4b 5a b Taxable amount 5b b Taxable amount 6b 7 Standard Deduction for- 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here Single or Married 8 Other income from Schedule 1, line 10 filing separately. $12,550 Married filing jointly or Qualifying widow(er). $25,100 Head of household, $18,800 9 Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income 10 Adjustments to income from Schedule 1, line 26 11 Subtract line 10 from line 9. This is your adjusted gross income 12a Standard deduction or itemized deductions (from Schedule A) b Charitable contributions if you take the standard deduction (see instructions) If you checked any box under Standard Deduction, Add lines 12a and 12b 13 Qualified business income deduction from Form 8995 or Form 8995-A see instructions. 14 Add lines 12c and 13 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter -0- 8 9 90,700 10 11 90,700 12a 12b 12c 13 14 15 0 90,700 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2021) THIS FORM IS A SIMULATION OF AN OFFICIALIS TAX FORM IT IS NOT THE OFFICIAL FORM ITSELF DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY ! Required information [The following information applies to the questions displayed below.] Marc and Mikkel are married and earned salaries this year of $66,100 and $24,600, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $1,550 from corporate bonds. Marc contributed $3,550 to a traditional individual retirement account, and Marc paid alimony to a prior spouse in the amount of $2,550 (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 $8,100 of expenditures that qualify as itemized deductions, and they had a total of $4,180 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 2022 tax laws and 2021 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 (use the most recent form available). 1040 PG 1 1040 PG 2 Schedule 1 Form 1040 Page 1 and 2. Form 1040 Department of the Treasury- Internal Revenue Service (99) U.S. Individual Income Tax Return Filing Status Check only one box. Single Married filing jointly 2021 OMB No. 1545-0074 Married filing separately (MFS) IRS Use Only-Do not write or staple in this space. Head of household (HOH) Qualifying widow(er) (QW) If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child's name if the qualifying person is a child but not your dependent. Your first name and middle initial Last name Your social security number Marc If joint return, spouse's first name and middle initial Mikkel Taxpayer Last name Taxpayer Home address (number and street). If you have a P.O. box, see instructions. 19010 N.W. 135th Street City, town, or post office. If you have a foreign address, also complete spaces below. Miami, FL 33054 State Foreign country name Foreign province/state/county Foreign postal code Apt. no. ZIP code At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency? 111-22-3333 Spouse's social security number 222-33-4444 Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund. You Spouse Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness Dependents You: (see instructions): Were born before January 2, 1957 Are blind Spouse: (2) Social security number Was born before January 2, 1957 (3) Relationship to you Is blind (1) First name Mason Last name (4) if qualifies for (see instructions): Child tax credit Credit for other dependents Taxpayer 333-44-5555 Son If more than four dependents, see instructions and check here 1 Wages, salaries, tips, etc. Attach Form(s) W-2 Attach Sch. B if required. 2a Tax-exempt interest 3a Qualified dividends 4a IRA distributions 5a Pensions and annuities 6a Social security benefits 1 90,700 2a b Taxable interest. 2b b Ordinary dividends. 3b 4a b Taxable amount 4b 5a b Taxable amount 5b b Taxable amount 6b 7 Standard Deduction for- 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here Single or Married 8 Other income from Schedule 1, line 10 filing separately. $12,550 Married filing jointly or Qualifying widow(er). $25,100 Head of household, $18,800 9 Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income 10 Adjustments to income from Schedule 1, line 26 11 Subtract line 10 from line 9. This is your adjusted gross income 12a Standard deduction or itemized deductions (from Schedule A) b Charitable contributions if you take the standard deduction (see instructions) If you checked any box under Standard Deduction, Add lines 12a and 12b 13 Qualified business income deduction from Form 8995 or Form 8995-A see instructions. 14 Add lines 12c and 13 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter -0- 8 9 90,700 10 11 90,700 12a 12b 12c 13 14 15 0 90,700 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2021) THIS FORM IS A SIMULATION OF AN OFFICIALIS TAX FORM IT IS NOT THE OFFICIAL FORM ITSELF DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY