Please prepare Form 1040 and a Schedule 1 using the information provided E1040 Department...

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Please prepare Form 1040 and a Schedule 1 using the information provided

E1040 Department of the Treasury-Internal Revenue Service U.S. Individual Income Tax Return OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2022) Form 1040 (2022) Page 2 SCHEDULE 1 (Form 1040) Department of the Treasury Internal Revenue Service Additional Income and Adjustments to Income Attach to Form 1040, 1040-SR, or 1040-NR. Go to www.irs.gov/Form1040 for instructions and the latest information. OMB No. 15450074 2022 Attachment Sequence No. 01 rity number Form1040)2022 Schedule 1 (Form 1040) 2022 Page 2 Part II Adjustments to Income 11 Educator expenses . 12 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 13 Health savings account deduction. Attach Form 8889 14 Moving expenses for members of the Armed Forces. Attach Form 3903 15 Deductible part of self-employment tax. Attach Schedule SE 16 Self-employed SEP, SIMPLE, and qualified plans 17 Self-employed health insurance deduction 18 Penalty on early withdrawal of savings. 19a Alimony paid b Recipient's SSN c Date of original divorce or separation agreement (see instructions): 20 IRA deduction . 21 Student loan interest deduction 22 Reserved for future use 23 Archer MSA deduction 24 Other adjustments: a Jury duty pay (see instructions) b Deductible expenses related to income reported on line 81 from the rental of personal property engaged in for profit c Nontaxable amount of the value of Olympic and Paralympic medals and USOC prize money reported on line 8m. d Reforestation amortization and expenses . e Repayment of supplemental unemployment benefits under the Trade Act of 1974 . f Contributions to section 501(c)(18)(D) pension plans g Contributions by certain chaplains to section 403 (b) plans h Attorney fees and court costs for actions involving certain unlawful discrimination claims (see instructions). i Attorney fees and court costs you paid in connection with an award from the IRS for information you provided that helped the IRS detect tax law violations j Housing deduction from Form 2555. k Excess deductions of section 67(e) expenses from Schedule K-1 (Form 1041). z Other adjustments. List type and amount: \begin{tabular}{|l|l|} \hline 24a & \\ \hline 24b & \\ \hline 24c & \\ \hline 24d & \\ \hline 24e & \\ \hline 24f & \\ \hline 24g & \\ \hline 24h & \\ \hline 24i & \\ \hline 24j & \\ \hline 24k & \\ \hline 24z & \\ \hline \end{tabular} 25 Total other adjustments. Add lines 24a through 24z 26 Add lines 11 through 23 and 25. These are your adjustments to income. Enter here and on Form 1040 or 1040 -SR, line 10, or Form 1040-NR, line 10a Schedule 1 (Form 1040) 2022 f) Jeremy paid $2,500 in portion of the self-employment taxes). g) Jeremy paid $5,000 in alimony and $3,000 in child support from his p marriage (divorce decree executed in 2018). 69. 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 pay interest on a personal loan to pay for Lizzie's college expenses (balance of $35,000 ). Based on their estimates, determine Joe and Jessie's AGI and complete page 1 of Form 1040 (through line 11) and Schedule 1. Assume that the employer portion of the self-employment tax on Jessie's income is $831. Joe and Jessie have summarimod t

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