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Required information [The following information applies to the questions displayed below.] Marc and Mikkel are married and earned salaries this year of $65,800 and

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Required information [The following information applies to the questions displayed below.] Marc and Mikkel are married and earned salaries this year of $65,800 and $22,800, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $1,400 from corporate bonds. Marc contributed $3,400 to a traditional individual retirement account, and Marc paid alimony to a prior spouse in the amount of $2,400 (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 $7,800 of expenditures that qualify as itemized deductions (no charitable contributions), and they had a total of $4,165 in federal income taxes withheld from their paychecks during the year. (Use the tax rate schedules.) 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 Mason Marc: 333-44-5555 Mikkel Marc: 222-33-4444 Prior Spouse: 111-11-1111 (Input all the values as positive numbers. Enter any non-financial information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Do not skip rows, while entering in Deductions section of Form 1040 PG1. Use 2022 tax laws and 2021 tax form.) Neither Marc nor Michelle wish to contribute to the Presidential Election Campaign fund or had any virtual currency transactions or interests.

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