Tax Return \#1 Samuel and Sylvia Silvestro Use the following information to complete Samuel and Sylvia Silvestro's 2022 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. For this first tax return assignment, you will need the following forms to complete this tax return: Form 1040, Schedule 1, Schedule A and Schedule B. The forms, schedules, and instructions can be found in the Blackboard course under instructor resources or at the IRS web site (www.irs.gov). The instructions for each form can be helpful and can be found on the IRS web site. Samuel and Sylvia are married and have one child, Saul, who is 17 , is currently working at Baskin \& Robbins and earned $5,040. He lived with his parents all year. The Silvestro's also support Sylvia's father, Jorge who lives in a small apartment down the street. Jorge earned $3,520 from Family Dollar this year. The Silvestro's pay most of Jorge's bills (food, rent, etc) for $2,000 per month. Samuel works as an Manager for X2X Designs, Inc (see W-2 information). Samuel also won $6,500 from the Texas Lottery. Sylvia is a radiation technician and works at Yucca Valley Family Care (see W-2 information). Sylvia collected $1,100 of unemployment income earlier in the year. She was also injured at work and collected $2,332 of Workman's Compensation Income. Samuel and Sylvia own their home and pay interest on their home loan (balance of $98,000, original loan was on 12/2/2015 for $205,000 ) and a personal loan to pay for two other cars they own for $39,000. Samuel and Sylvia want to file either married filing jointly or married filing separately, whichever is best for tax purposes. Based on this information and the information below, prepare Samuel and Sylvia's 2022 Federal tax return. - The Silvestro's live at 3323 Palo Verde Ave, El Paso, TX 79922 - Samuel's birthday is 4/25/1980 and his Social Security number is 453-21-5561 - Sylvia's birthday is 3/12/1981 and her Social Security number is 455-96-6311 - Saul's birthday is 11/11/2005 and his Social Security number is 454-64-9579 - Jorge Gomez's birthday is 7/4/1957 and his Social Security \#is 532-64-3413 - The Silvestro's do not have any foreign bank accounts or trusts, nor did they have any transactions with virtual currencies. - Do not consider AMT tax for this tax return. - A$500 credit is available for each dependent claimed on the tax return over 16 years old (line 19 on Form 1040). Do not prepare Form 8812 for this assignment. The Silvestro's have summarized the income and expenses they expect to report this year as follnwe Tax Return \#1 Samuel and Sylvia Silvestro Use the following information to complete Samuel and Sylvia Silvestro's 2022 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. For this first tax return assignment, you will need the following forms to complete this tax return: Form 1040, Schedule 1, Schedule A and Schedule B. The forms, schedules, and instructions can be found in the Blackboard course under instructor resources or at the IRS web site (www.irs.gov). The instructions for each form can be helpful and can be found on the IRS web site. Samuel and Sylvia are married and have one child, Saul, who is 17 , is currently working at Baskin \& Robbins and earned $5,040. He lived with his parents all year. The Silvestro's also support Sylvia's father, Jorge who lives in a small apartment down the street. Jorge earned $3,520 from Family Dollar this year. The Silvestro's pay most of Jorge's bills (food, rent, etc) for $2,000 per month. Samuel works as an Manager for X2X Designs, Inc (see W-2 information). Samuel also won $6,500 from the Texas Lottery. Sylvia is a radiation technician and works at Yucca Valley Family Care (see W-2 information). Sylvia collected $1,100 of unemployment income earlier in the year. She was also injured at work and collected $2,332 of Workman's Compensation Income. Samuel and Sylvia own their home and pay interest on their home loan (balance of $98,000, original loan was on 12/2/2015 for $205,000 ) and a personal loan to pay for two other cars they own for $39,000. Samuel and Sylvia want to file either married filing jointly or married filing separately, whichever is best for tax purposes. Based on this information and the information below, prepare Samuel and Sylvia's 2022 Federal tax return. - The Silvestro's live at 3323 Palo Verde Ave, El Paso, TX 79922 - Samuel's birthday is 4/25/1980 and his Social Security number is 453-21-5561 - Sylvia's birthday is 3/12/1981 and her Social Security number is 455-96-6311 - Saul's birthday is 11/11/2005 and his Social Security number is 454-64-9579 - Jorge Gomez's birthday is 7/4/1957 and his Social Security \#is 532-64-3413 - The Silvestro's do not have any foreign bank accounts or trusts, nor did they have any transactions with virtual currencies. - Do not consider AMT tax for this tax return. - A$500 credit is available for each dependent claimed on the tax return over 16 years old (line 19 on Form 1040). Do not prepare Form 8812 for this assignment. The Silvestro's have summarized the income and expenses they expect to report this year as follnwe