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: 412-34-5670Date of birth: 4/23/1972W-2 for Jose shows these amounts:Wages (box 1) =$ 45,800.00Federal W/H (box 2) =$ 4,038.00Social security wages (box 3) =$ 45,800.00Social security W/H (box 4) =$ 2,839.60Medicare wages (box 5) =$ 45,800.00Medicare W/H (box 6) =$ 664.10Social security number:Dora: 412-34-5671Date of birth: 7/12/1977W-2 for Dora shows these amounts:Wages (box 1) =$ 31,012.00Federal W/H (box 2) =$ 2,290.00Social security wages (box 3) =$ 31,012.00Social security W/H (box 4) =$ 1,922.74Medicare wages (box 5) =$ 31,012.00Medicare W/H (box 6) =$ 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.