THIS FORM IS A SIMULATION OF AN OFFICIAL U$.$S$.$ TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR

ANY PURPOSE OTHER THAN EDUCATIONAL. $2023$ McGraw$-$Hill Education.Form $1040$ Schedule A$.$

THIS FORM IS A SIMULATION OF AN OFFICIAL U$.$S$.$ TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAXRequired information

$[$The following information applies to the questions displayed below.$]$

Joe and Jessie are married and have one dependent child, Lizzie. Lizzie is currently in college at State University. Joe

works as a design engineer for a manufacturing firm, while Jessie runs a craft business from their home. Jessie's craft

business consists of making craft items for sale at craft shows that are held periodically at various locations. Jessie spends

considerable time and effort on her craft business, and it has been consistently profitable over the years. Joe and Jessie

own a home and pay interest on their home loan $($balance of $$220,000)$ and a personal loan to pay for Lizzie's college

expenses $($balance of $$35,000).$

Neither Joe nor Jessie is blind or over age $65,$ and they plan to file as married joint. Assume that the employer portion of

the self$-$employment tax on Jessie's income is $$784.$ Joe and Jessie have summarized the income and expenses they

expect to report this year as follows:

b$.$ Complete page $1$ of Form $1040($through taxable income, line $15),$ Schedule $1,$ and Schedule A$.$

$($Round your intermediate computations to the nearest whole dollar amount. Input all the values as positive numbers. Enter any

non$-$financial information, $($e$.$g$.$ Names, Addresses, social security numbers$)$ EXACTLY as they appear in any given information or

Problem Statement. Use $2023$ tax rules regardless of year on form.$)$ Joe and Jessie does not wish to contribute to the Presidential

Election Campaign fund or did not have any virtual currency transactions or interests.

Joe and Jessie's address is $19010$ N$.$W$.135$th Street, Miami, FL $33054.$

Social security numbers: