Prepare a 2022 individual tax return using the following fact pattern. Compute net tax payable or refund due for Alice and Bruce Byrd for 2022. Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their social security numbers are 123-45-6789 and I I I-I I-1122, respectively. Alice's birthday is September 21, 1968 and Bruce's is June 27, 1963. They live at 473 Revere Avenue, Newtown, NY 10187. Alice is the office manager for Ames Dental Clinic, 433 Broad Street. Newtown, NY 10187(employer identification number 98- 7654321). Bruce is the manager of a Super Burgers fast-food outlet owned and operated by Plymouth Corporation, 1247 Central Avenue, Hauppauge, NY 1 1788(employer identification number I I-I I I I I I l). He is also a self -employed attorney and has a part time practice. The following information is shown on their Wage and Tax Statements (Form W-2) for 2022. Line Description l . Wages, tips and other compensation 2. Federal income tax withheld 3. Social Security wages 4. Social Security tax withheld 5. Medicare wages and tips 6. Medicare tax withheld 15. State 16. State wages, tips, etc. 17. State income tax withheld The following information is for Bruce's law practice: Income $65,000 Utilities... $3,000 Rent $18,000 Alice $52,600 4, 180 52,600 3,261 52,600 763 NY 52,600 2,280 Bruce $61,500 5,990 61,500 3,813 61,500 892 61,500 2,990 Supplies.. .. $5,000 Salaries $10,000 Disbursements... $3,000 The Byrds support their two children, Cynthia (born January 15, 2006, Social Security number 123-456788) and John (born February 7, 2008, Social Security number 123-45-6786).. During 2022, the Byrds furnished 60% ofthe total support of Bruce's widower father, Sam Byrd (born March 6, 1934, Social Security number 123-45-6787). Sam lived alone and covered the rest of his support with his social security benefits. Sam died in November and Bruce, the beneficiary of a policy on Sam's life, received life insurance proceeds of $600,000 on December 28th. The Byrds had the following expenses relating to their personal residence during 2022: Property taxes Qualified interest on home mortgage Repairs to roof Utilities Homeowner's insurance The following facts relate to medical expenses for 2022: Medical insurance premiums Doctor bill for Sam incurred in 2020 and not paid until 2021 Operation for Sam Prescription medicines for Sam Hospital expenses for Sam Reimbursement from insurance company, received in 2021 The medical expenses for Sam represent most of the 60% Bruce contributed toward his father's support. They also engaged in a few stock transactions. They sold 100 shares of Green Company Stock for $10,000 on February 15, 2022. Their cost basis is $2,000. They had purchased the stock on March 15, 2009. They sold 50 shares of Orange Company Stock for $8,000 on March 3, 2022. They had purchased the stock on December 20, 2017 for $12,000. Other relevant information follows: When they filed their 2021 state return in 2022, the Byrds paid additional state income taxes of $950. $10,720 9,130 4,780 3,810 2,290 $4,380 7,760 7,310 860 2,850 3,000 During 2022, Alice and Bruce attended a dinner dance sponsored by the Ames Police Disability Association (a qualified charitable organization). The Byrds paid $400 for the tickets. The cost of comparable entertainment would normally be $160. The Byrds contributed $4,800 to Ames Presbyterian Church and gave used clothing(cost of $1,100 and fair market value of $450) to the Salvation Army. All donations are supported by receipts and are in very good condition. In 2022, the Byrds received interest income of $ 1,895, which was reported on a Form 1099-INT from Second National Bank. Bruce paid $320 for an annual subscription to the Journal of Certified Public Accountants. Instructions: Prepare a 2022 Form 1040. All corresponding schedules are required. The return may be prepared with any tax software as long as it is current. It must be typed. Returns must be submitted by December 15th, 2022.