Using $2024$ tax rate schedules. Marc and Mikkel are married and file a joint tax return. Marc and Mikkel

earned salaries this year of $$64,000$ and $$12,000,$ respectively. In addition to

their salaries, they received interest of $$350$ from municipal bonds and $$500$

from corporate bonds. Marc contributed $$2,500$ to a traditional individual

retirement account, and Marc paid alimony to a prior spouse in the amount of

$$1,500($under a divorce decree effective June $1,2017).$ Marc and Mikkel have

a $10-$year$-$old adopted son, Mason, who lived with them throughout the entire

year. Thus, Marc and Mikkel are allowed to claim a $$2,000$ child tax credit for

Mason. Marc and Mikkel paid $$6,000$ of expenditures that qualify as itemized

deductions, and they had a total of $$2,500$ in federal income taxes withheld

from their paychecks during the year. $($Use the tax rate schedules.$)$

Comprehensive Problem $4-56$ Part f $($Static$)$

Complete Marc and Mikkel's Form $1040,$ pages $1$ and $2,$ and Schedule $1($use the most recent

forms available$).$

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

Social security numbers:

Marc Taxpayer: $111-22-3333$

Mikkel Taxpayer: $222-33-4444$

Mason Taxpayer: $333-44-5555$

Prior Spouse: $111-11-1111$

$($Input all the values as positive numbers. Enter any non$-$financlal information, $($e$.$g$.$ Names,

Addresses, soclal security numbers$)$ EXACTLY as they appear in any given information or

Problem Statement. Do not skip rows, while entering in Deductions section of Form $1040$

PG$1.$ Use $2024$ tax laws and $2023$ tax form.$)$ Nelther Marc nor Michelle wish to contribute

to the Presidential Election Campaign fund or had any virtual currency transactions or

interests.

Complete Marc and Mikkel's Form $1040,$ pages $1$ and $2,$ and Schedule $1.$