Question
Rick and Tina are married and filing a joint tax return for 2022. Their two children under age 16 and Tina's mother lived with them
Rick and Tina are married and filing a joint tax return for 2022. Their two children under age 16 and Tina's mother lived with them all year. During 2022, Rick and Tina provided all the support for their Two children and more than half of the support for Tina's mother. The children each had interest income of less than $400. Tina's mother received $4,500 from a taxable pension, $2,500 of dividends, and $2,000 of interest income. Prepare Rick and Tina their income tax return?
Rick W2 was for 15,000 taxable income and 2,500 income tax withholding.
- Please calculate Social Security and medicare Contribution.
- Tina W2 social security contribution was $620.00 and medicare 145.00 please calculate the taxable income
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