5) In 2022, Janet and Ray are married filing jointly. They have five dependent children under 18 years of age. Janet and Ray's taxable income (all ordinary) is $2,402,200, and they itemize their deductions as follows: state income taxes of $13,300 and mortgage interest expense of $25,000 (acquisition debt of $300,000). Use Exhibit 8-5 and Tax Rate Schedule for reference.

a. What is Janet and Ray's AMT?

7)

Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2022. During that time, he earned $80,000 of self-employment income. On April 1, 2022, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Incorporated From April through the end of the year, Kyle earned $158,000 in salary.

What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year?

Note: Round your intermediate calculations to the nearest whole dollar amount.