*i nned help filling out the 1040, schedule 1 and schedule 8812

Note: This problem is for the 2022 tax year. Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, and Wanda is employed part-time as a paralegal for a law firm. During 2022, the Deans had the following receipts: Salaries ($60,000 for Lance, $42,500 for Wanda) Interest income- City of Albuquerque general purpose bonds Ford Motor company bonds Ally Bank certificate of deposit Child support payments from John Allen Annual gifts from parents Settlement from Roadrunner Touring Company Lottery winnings Federal income tax refund (for tax year 2021) $1,000 1,100 400 $102,500 2,500 7,200 26,000 90,000 600 400 Wanda was previously married to John Allen. When they divorced several years ago, Wanda was awarded custody of their two children, Penny and Kyle. (Note: Wanda has never issued a Form 8332 waiver.) Under the divorce decree, John was obligated to pay alimony and child support-the alimony payments were to terminate if Wanda remarried. In July, while going to lunch in downtown Santa Fe, Wanda was injured by a tour bus. Because the driver was clearly at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses (including a one-week stay in a hospital). To avoid a

Lance H. and Wanda 8. Dean are married and live at 431 rucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, and Wanda is employed part-time as a paralegal for a law firm. During 2022, the Deans had the following receipts: Wanda was previously marned to John Allen. When they divorced several years ago, Wanda was awarded custody of their two children, Penny and Kyle. (Note: Wanda has never issued a Form 8332 waiver.) Under the divorce decree, John was obligated to pay alimony and child support-the alimony payments were to terminate if Wanda remarned. In July, while going to lunch in downtown Santa Fe, Wanda was injured by a tour bus. Because the driver was dearly at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses (including a one-week stay in a hospital). To avoid a lawsuit, Roadrunner also transferred $90,000 to her in settlement of the personal injuries she sustained. The Deans had the following expenditures for 2022 : The ife insurance policy was taken out by Lance several years ago and designates Wanda as the beneficary. As a part-time emplovee, Wanda is excluded from coverage under her emplover's pension plan. Consequently, she provides for her own retirement with a traditional IRA obtained at a local trust company, Because the mayor is a member of the local Chamber of Commerce, Lance felt compelied to make the political contribution. Penny graduated from high school on May 9,2022, and is undecided about college. During 2022, she earned $8,500 (placed in a savings account) playing a harp in the lobby of a local hotel. Wayne is Wanda's widower father who died on December 20, 2022, For the past few years, Wayne qualified as a dependent of the Deans. Federal income tax withheld is $3,900 (Lance) and $1,600 (Wanda). The proper amount of Social Security and Medicare tax was withiheld. Required: Determine the Federal income tax for 2022 for the Deans on a joint retum by completing the appropriate forms. Use Form 1040 and Schedule 1 to complete this tax return. They do not own and did not use any digital assets during the year, and they do not want to contribute to the Presidential Election Campaion Fund, If an overpayment results, it is to be refunded to them. - Make realistic assumptions about any missing data. - Enter all amounts as positive numbers. - If an amount box does not require an entry or the answer is zero, enter " 0