Please use current tax rates, exemptions, and laws. Be sure to show ALL of your work so that I can give you partial credit. Use 2022 tax law.

Use these instructions: 2022 Instruction 1040 (irs.gov).

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None of the parents received Advance Child Tax Credit Payments.

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Sam is single, 30, and has no children. He made a salary of $250,000 with $40,000 in Federal withholding. He has the following items:

Medical 8,000

Mortgage interest 5,000

Credit card interest 2,000

Property tax 2,500

Sales tax 1,500

State income tax withheld 22,000

Charitable contributions 1,000

Tax return preparation fee 500

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Please show your work.

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Compute the adjusted gross income.

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Compute the itemized deductions before any limitations.

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Compute the itemized deductions after any limitations.

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Compute the taxable income.

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Compute the tax liability.

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Is he subject to alternative minimum tax? Why or why not?

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Compute his tax refund or tax due.