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Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $66,500 and $27,000, respectively. In addition

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Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $66,500 and $27,000, respectively. In addition to their salaries, they received interest of $400 from municipal bonds and $1,750 from corporate bonds. Marc contributed $3,750 to a traditional individual retirement account, and Marc paid alimony to a prior spouse in the amount of $2,750 (under a divorce decree effective June 1, 2006). Marc and Mikkel have a 10-year-old adopted son, Mason, who lived with them throughout the entire year. Thus, Marc and Mikkel are allowed to claim a $2,000 child tax credit for Mason. Marc and Mikkel paid $8,500 of expenditures that qualify as itemized deductions, and they had a total of $3,700 in federal income taxes withheld from their paychecks during the year. Complete Marc and Mikkel's Form 1040, pages 1 and 2, and Schedule 1 (use the most recent forms available). Marc and Mikkel's address is 19010 N.W. 135th Street, Miami, FL 33054. Social security numbers: Marc Taxpayer: 111-22-3333 Mikkel Taxpayer

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