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 owns her own business (an S-Corp). They file a joint return. Personal items: Wages / Salaries $100,000 (Includes both Lance and Wanda) Interest Income 1,030 Child support payments to John Allen 9,000 Alimony payments to John Allen 20,000 Lottery winnings 870 Federal income tax withholding 10,000 State income tax withheld 5,000 Wanda was previously married to John Allen, they divorced several years ago (prior to 2018). Under the divorce decree, Wanda was obligated to pay alimony and child support to John. She paid him $20,000 in alimony and $9,000 in child support, which agreed with the divorce decree. Wanda is the owner of her own business. Throughout the year she earned $25,000 of ordinary income from this business (taxed as an S-Corp), reported on a K-1. Additionally, Lance and Wanda had: (1) Sale of LMN publicly traded stock on 2/15/2022 for $5,000 (originally purchased for $10,000 on 8/15/2021) (2) Sale of QRS publicly traded stock on 10/15/2022 for $19,000 (originally purchased for $9,800 on 12/15/2020) (3) Sale of a boat on 5/15/2022 for $10,000 used for personal recreation (originally purchased for $20,000 on 6/15/2017) (4) Wanda inherited publicly traded stock worth $30,000 from a deceased uncle on September 30, 2022 (5) Immediately after receiving this stock, Wanda sold it for $30,000. This stock was originally purchased by his uncle on January 15th, 2019, for $23,000