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The following is information for Pat and Denise Watkins. Pat and Denise are married and have three children, Tim, Todd, and Tristan. They live at

The following is information for Pat and Denise Watkins. Pat and Denise are married and have three children, Tim, Todd, and Tristan. They live at 390 Swingline Road, Columbus, OH 43201. Pat is a lawyer working for a law firm and Denise works part-time as a teachers aide. The Watkins Social Security Numbers are as follows:

Name S.S. Number Age DOB

Pat 111-11-1111 42 5/1/1980

Denise 222-22-2222 32 7/1/1990

Tim 333-33-3333 10 6/12/2012

Todd 444-44-4444 3 8/5/2019

Tristan 555-55-5555 1 7/5/2021

Receipts

Pat's salary $92,000

Denises salary 30,000

Interest income on municipal bonds 1,600 I

nterest income on certificate of deposit (Buckeye Bank) 2,000

Qualified dividends on GE stock 1,200

Disbursements Contribution to traditional IRA $1,000

Doctor and hospital visits for Todd11,500

Orthodontic work for Tim 600

Withholding for state income tax 7,000

Withholding for federal income tax 17,000

Property taxes on home 3,900

Property taxes on automobile 200

Interest on home 10,200 Interest on credit cards

400 Cash contribution to church 3,000

Alimony paid to Pats first wife (SS# 112-22-2112) 6,000 (Divorce was 5/1/2011)

Compute Pat and Denises income tax liability for the current year using Form 1040, Form 1040 Schedule 1, and Schedules A and B. You may use the 2021 tax forms but use the 2022 tax rules.

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