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see info below for more 20405 I 20400g2 Dage 1 of Form 1060, Uve provided nflomation and follow instructions on form. Assume the taxpayer does

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20405 I 20400g2 Dage 1 of Form 1060, Uve provided nflomation and follow instructions on form. Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem, In addition, the taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year. John and Martha Holloway are married filing jointly. They are 35 and 31 years oid, respectively. Their address is 10010 Dove Street. Atlanta, GA 30294 . Additional information about Mr. and Mrs. Holloway is as follows Soclal securlty number: Johin: 412345670 Date of birth: 1/4/1987 W-2 for John shows these amounts: vages ( box 1)=522,108,00 federal WM ( box 2)=$1,509.60 Social security wages (60x3) - \$ 22,194.00 Soclal security M/A( box 4) - $1,376.28 Medicare wages ( box 5)= 5 22,198.ee Medicare W/H(b0x,6)=3321.87 Social security number: Martha: 412345671 Date of birth: 8/2e/1991 w-2 for Hartha shows these amounts: Mages ( box 1) = \$ 35, seo.ee Federal W/H ( box 2) =$53,100.60 social security wages (box 3) - \$ 35, 500,e0 Social security K/H(box4)=52,201.00 Medicare wages (box 5) - \$ 35,500,00 Form 1099-DN for Martha shows this amount: Box 1a and box 1b=$345.00 from MAR Brokerage. Form 1099-INT for Marthe shows these amounts. Box 1=$450.00 from ABC Bank Box 4=$3500. John is a maintenance worker, and Martha is a Human Resources Manager. Required: Prepare Form 1040 for Mr and Mrs. Hollowoy for 2022. They want to contribute to the presidential election campaign Mr and Mrs. Holloway had qualfying heatth care coverage at all times during the tax year. Use the appropriate Jax Tables: Note: List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Instructions con be found on certain cells within the forms

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