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Note: This problem is for the 2022 tax year. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant

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Note: This problem is for the 2022 tax year. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111), She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth's birthday is July 4,1976 , and her Sociai Security number is 123-45-6785, She did not engage in any digital asset transactions during the year, and she wants to contribute $3 to the Presidential Election Compaign Fund. The following information is shown on Beth's Wage and Tax Statement (Form W-2) for 2022. During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona 5tate Bank. Each financial institution reported the interest income on a Form 1099-1NT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099 -OF. Beth received a \$1,100 income tax refund from the state of Arizona on Apri 29, 2022. On her 2021 Federal income tax return, she used the standard deduction. Fees earned from her part-time tax practice in 2022 totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service. On February 8, 2022, Eeth bought 500 shares of Gray Corporation common stock for $17.60 a share. On $ eptember 12,2022 , she sold the stock for $14 a share. On January 2,2022 , Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19 , 2022, for $55 a share. Both stock transactions were reported to Beth on Form 10998; basis was not reported to the IRS. On February 8,2022 , Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12,2022 , she sold the stock for $14 a share. On January 2, 2022, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19, 2022 , for $55 a share. Both stock transactions were reported to Beth on Form 1099-B; basis was not reported to the tRs. Beth bought a used sports utility vehicle for $6,000 on June 5,2022 . She purchased the vehicle from her brother-in-law, who was unemployed and was in need of cash. On November 2,2022 , she sold the vehicle to a friend for $6,500. During the year, Beth records revenues of $16,000 from the sale of a software program she developed, She incurred the following expenditures in connection with her software development business. Beth elected to expense the maximum portion of the cost of the computer, printer, and furniture allowed under the provisions of 5179. These items were placed in service on January 15,2022 , and used 100% in her business. Although her employer suggested that Beth attend an in-person conference on current developments in corporate taxation, Beth was not reimbursed for the travel expenses of $1,420 she incurred in attending. The $1,420 included $200 for the cost of meals. During the year, Beth paid $300 for prescription medicines and $2,875 for medical blils. Medical insurance premiums were paid for her by her employer. Beth paid real property taxes of $1,766 on her home. Interest on her home mortgage (Valley National 8ank ) was $3,845, and credit card interest was $320. Beth contributed $2,080 in cash to various qualifying charities during the year. Professional dues and subscriptions totaled $350. Beth paid estimated Federal income taxes of $1,000, Qequired: Compute Beth Jordan's 2022 Federal income tax payable (or refund due), and complete her 2021 tax return using appropriate forms and chedules and the Qualified Dividends and Copital Gain Tax Worksheet. - Make realistic assumptions about any missing data. - If an amount box does not require an entry or the answer is zero, enter, " 0 ", - Enter all amounts as positive numbers, unless instructed otherwise. - It may be necessary to complete the tax schedules before completing Form 1040. - When computing the tax liablity, do not round your immediate calculations. If required round your final answers to the nearest dollar. - Use the 2022 Tax Rate Schedule provided. Do not use the Tax Tables

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