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.

Derrick and Ani Jones are married taxpayers, filing jointly, and have a son named Jackson. They live at $474$ Rustic Drive, Spokane, WA $99201.$ Ani works as the director of information systems at Washington Community College District $($WCCD$).$ Derrick is a stay$-$at$-$home dad. Their SSNs are Derrick, $412-34-5670$; Ani, $412-34-5671$; and Jackson, $412-34-5672.$ Their birth dates are as follows: Derrick, June $7,1982$; Ani, March $20,1983$; and Jackson, October $10,2015.$ The Joneses own their home and paid $$15,000$ in mortgage interest during the year to Chase Bank and property taxes of $$3,200.$ Assume they have no other deductible expenses. The Form W$-2$ Ani received from WCCD contained the following information:

Wages $($box $1)=$ $ $79,002\mathrm{.}50$

Federal W$/$H $($box $2)=$ $ $7,000\mathrm{.}14$

Social security wages $($box $3)=$ $ $79,002\mathrm{.}50$

Social security W$/$H $($box $4)=$ $ $4,898\mathrm{.}16$

Medicare wages $($box $5)=$ $ $79,002\mathrm{.}50$

Medicare W$/$H $($box $6)=$ $ $1,145\mathrm{.}54$

In addition, the Joneses own a small, four$-$unit rental at $12345$ Rainbow Way, Sultan, WA $98294.$ The rental was purchased and placed in service on July $1,2009,$ and was rented for the entire year. The following income and expense information relates to the rental activity. For the purpose of this return problem, do not consider passive activity rules or limitations$.$

Rental income $ $24,000$

Real estate taxes $2,000$

State sales taxes $1,349$

Utilities $1,500$

Mortgage interest $3,800$

Depreciation $7,200$

Repairs and maintenance $1,300$

Required:

Prepare the Joneses$$ federal tax return for $2022.$ Use Form $1040,$ Schedule $1,$ Schedule E$,$ Schedule $8812,$ and Form $8995.$ Assume they do not qualify for any credits other than the child tax credit. For any missing information, make reasonable assumptions. The net rental income qualifies for the $20$ percent qualified business income deduction. Use the appropriate Tax Tables or Tax Rate Schedules.

Note: List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Instructions can be found on certain cells within the forms. Round your final answers to the nearest whole dollar amount. Do not skip rows, while entering in Dependents section of Form $1040$ PG$1.$