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Create a Schedule 2 (Form 1040) for Additional Taxes for Daniel and Freida DeIl s suctal securny mumber is 12400/00. Dan was employed as a

Create a Schedule 2 (Form 1040) for Additional Taxes for Daniel and Freida
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DeIl s suctal securny mumber is 12400/00. Dan was employed as a manager by WJJ, Inc. (employer identification number 11-1111111, 604 Franklin Street, Corbin, KY 40702), and Freida was employed as a salesperson for Corbin Realty, Inc. (employer identification number 98-7654321, 899 Central Street, Corbin, KY 40701). Selected information from the W-2 forms provided by the employers is presented below. Dan and Freida use the cash method. Freida sold a house on December 30,2022 , and will be paid a commission of $3,100 (not included in the $86,000 reported on the W2 ) on the January 10,2023 , closing date. Other income (as reported on 1099 forms) for 2022 consisted of the following: 56. Daniel B. Butler and his spouse Freida C. Butler file a joint return. The Butlers live at 625 Oak Street in Corbin, KY 40701. Dan's Social Security number is 111-11-1112, and Freida's is 123-45-6780. Dan was born on January 15, 1971, and Freida was born on August 20, 1971. Communications Decision Making Tax Forms Problem During 2022, Dan and Freida furnished over half of the total support of each of the following individuals, all of whom still live at home: a. Gina, their daughter, age 22, a full-time student, who ProConnect" Tax married on December 21, has no income of her own and did not file a joint return with her husband, Casey, who earned $10,600 during 2022. Gina's Sociat Security number is 123456788. b. Willic, their son, age 19, graduated high pchool in May 2022. He is taking a leap year and will not begin college until 2023 . He had gross income of $6,300 in 2022. Willie's Social Security number is 123456787. C. Ben, their oldest son, age 26 , is a full-time graduate student with gross income of 55,200 . Ben's Social Security number is 123-45-6786. The $382 from First Bank was an original issue discount. Dan and Freida collected $16,000 on the First Bank CD that matured on September 30,2022 . The CD was purchased on October 1,2019 , for $14,995, and the yield to maturity was 3.3%. Dan participated on a game show and won a cash prize of $7,000. In addition to the above information, Dan and Freida's itemized deductions included the following: Sales tax from the sales tax table is $1,860. Dan and Freida made Federal estimated tax payments of $6,000. They have never owned or used any digital assets, and they do not wish to contribute to the Presidential Election Campaign. The Kentucky income tax rate is 4%

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