Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In addition, the taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year. Jose and Dora Hernandez are married filing jointly. They are 50 and 45 years old, respectively. Their address is 32010 Lake Street, Atlanta, GA 30294. Additional information about Mr. and Mrs. Hernandez is as follows: Social security number: Jose: 412-34-5670 Date of birth: 4/23/1972 W-2 for Jose shows these amounts: zes Wages (box 1)- Federal W/H (box 2) Social security wages (box 3)- Social security H/H (box 4) Medicare wages (box 5) Medicare M/H (box 6) $ 45,800.00 $4,038.00 $ 45,800.00 $ 2,839.60 $45,800.00 $ 664.101 Social security number: Dora: 412-34-5671 Date of birth: 7/12/1977 W-2 for Dora shows these amounts: Wages (box 1) = Federal W/H (box 2) - Social security wages (box 3) Social security w/H (box 4) = Medicare wages (box 5) Medicare W/H (box 6) $31,012.00 $ 2,290.00 $31,012.00 $1,922.74 $31,012.00 $449.67 Form 1099-INT for Jose and Dora shows this amount Box 1 $365 from City Bank. Dependent Daughter Adela is 5 years old. Her date of birth is 3/15/2017. Her social security number is 412-34-5672 Jose is a store manager, and Dora is a receptionist. Required: Prepare Form 1040 and Schedule 8812 for Mr. and Mrs. Hernandez for 2022. They are entitled to the child tax credit. For now, enter the credit on the appropriate line of the form. They want to contribute to the presidential election campaign. Mr. and Mrs. Hernandez had qualifying health care coverage at all times during the tax year. Use the appropriate Tax Tables. Note: List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Do not skip rows while entering in Dependents section of Form 1040 PG1. Instructions can be found on certain cells within the forms. d. 1a Total amount from Form(s) W-2, box 1 (see instructions) b Household employee wages not reported on Form(s) W-2 e Tip income not reported on line 1a (see instructions) d Medicaid waiver payments not reported on Form(s) W-2 (see instructions) e Taxable dependent care benefits from Form 2441, line 26 Employer-provided adoption benefits from Form 8839, line 29 a Wages from Form 8919, line 6 h Other earned income (see instructions) Nontaxable combat pay election (see instructions) z Add lines 1a through th 1a 76,812 1b 0 1c 0 1d 0 1e 0 11 0 19 0 1h 0 12 76,812 2a Tax-exempt interest ule B 28 0b Taxable interest 2b 0 Ja Qualified dividends. 4a IRA distributions Sa Pensions and annuities i Ga Social security benefits 3a 0b Ordinary dividends 36 0 4a 0b Taxable amount 46 0 5a 0b Taxable amount 5b 0 Ga 0b Taxable amount 6b 0 for- e If you elect to use the lump-sum election method, check here (see instructions) Mamed ately, 7 Capital gain or loss) Attach Schedule D if required. If not required, check here 8 Other income from Schedule 1, line 10 0 0 ng 9 76 812 Qualifvino Add lines 12 2h 3h 4h 5h fh 7 and 8 This is your total income Nontaxable combat pay election (see instructions) z Add lines 1a through th 2a Tax-exempt interest e B 3a Qualified dividends 4a IRA distributions Sa Pensions and annuities 6a Social security benefits 11 1z 76,812 2a 0b Taxable interest 2b 0 3a 0b Ordinary dividends 3b 0 4a 0b Taxable amount 4b 0 5a 0b Taxable amount 5b 0 0b Taxable amount 6b 0 -10 c If you elect to use the lump-sum election method, check here (see instructions) amed 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here tely. ing 8 Other income from Schedule 1, line 10 alifying 9 Add lines tz, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income $25,900 $19,400 ecked inder 10 Adjustments to income from Schedule 1, line 26 11 Subtract line 10 from line 9 This is your adjusted gross income 12 Standard deduction or itemized deductions (from Schedule A) , see ns 13 Qualified business income deduction from Form 8995 or Form 8995-A 14 Add lines 12 and 13 15 Subtract line 14 from line 11. If zero or less, enter -0- This is your taxable income. closure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Prav 1 of 1 Next 8 0 9 76,812 10 0 11 76,812 12 0 13 0 14 0 15 0 Cat. No. 113208 Form 1040 (2022)