Stewert and Hilda have three children and Stewerts mom that live with them. Their children are ages 3 years, 15 years and 19 years old. The mom who lives with them full time and is 100% supported by them and has no taxable income. Stewert and Hildas AGI is $100,000 for the year 2022. (4 Points)

1. Based on the above information, what credit(s) is it likely that Stewert and Hilda qualify for? Identify the credit and the amount they would be eligible to claim for 2022.

2. Hilda contributes $2,000 to a an eligible retirement plan (traditional IRA). What amount of retirement credit can she take on the tax return?

3. Stewert and Hilda are self-employed and have no income tax withheld. Their projected income tax liability for 2022 is $15,000 before credits. Based on your response in part A, would Stewert and Hilda need to make estimated tax payments for 2022? Why?