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Prepare Shelly's Form 1040 for 2022 including all appropriate schedules. Schedule A, Schedule C, Form 4562, and Schedule SE are required. Section 179 is elected on all eligible assets in 2022. She wants to contribute to the presidential election campaign and does not want anvone to be a third-party designee. Shelly has not acquired any financial interest in virtual currency last year. For any missing information, make reasonable assumptions. Use the appropriate EIC Tables (6A-6, 6A-7, or 6A-8). Use the appropriate Tax Tables and Tax Rate Schedules.

Shelly Beaman (social security number 412-34-5670) is single and resides at 540 Front Street, Ashland, NC 27898. Shelly had the following itemized deductions: Shelly also started her own home design consulting business in March 2022. The results of her business operations (Cash basis) for 2022 follows: Shelly made a $30,000 estimated tax payment on April 10,2022 Required: Prepare Shelly's Form 1040 for 2022 including all appropriate schedules. Schedule A, Schedule C. Form 4562 , and Schedule SE are required. Section 179 is elected on all eligible assets in 2022 . She wants to contribute to the presidential election campaign and does not want anyone to be a third-party designee. Shelly has not acquired any financial interest in virtual currency last year. For any missing information, make reasonable assumptions. Use the appropriate EIC Tables (6A6,6A7, or 6A8 ). Use the appropriate Tax Tables and Tax Rate Schedules. Note: List the nomes of the taxpoyers and any income they receive in the order in which they appear in the problem. Input all the values as positive numbers unless otherwise stated in the forms. Instructions can be found on certain cells within the forms. Round your intermediate computations and your final onswers to the nearest whole dollar amount. Do not skip rows while entering in Other Expenses section of Schedule C and in Section B of Port III Form 4562. age 1 of Form 1040. Use provided information and follow instructions on form. Form 1040 Department of the Treasury - Intemal Revenue Strvice (\$9) U.5. Individual Income Tax Refurn IRS Use Orly-Do not werte or sf xpile in this tpace Standard Deduction for- - Single of Mamed fing separately. 512950 - Maened Elra iointly or Cualibyng. wobeler? $25.900 - if you checked any bak under Ifandsed Ceouribin, ane instrucbons c If you elect io use the lump-sum blection methid, check here (see instructiocis) 7 Capial gain or (loss). Ahach Schedule D if required. If not requeed, check here 8 Ootier incorie from 5chedule 1, ane 10 9 Add hes 12,26,36,46,56,66,7, and 8 . This is rour totat income 19 Adqustrents to income trum Schedule 1, ine 26 14 Fubtract ine 10 from line 9 This a your adjusted gross income 12 5tandard deducton or inemired dedhictona (frome Schedule A) 13 Gualifed business nceroe deduction fom foim aggh or fam blos-A 14 Add lines 12 and 13 15 Sutract line 14 from ine 11 . If tero or iess, enter -0 . This is your taxable income. 15 5uturact line 14 from ine 11 . If tere or iesi, enter -0. This is your taxable income. For Disclosure, Privacy Aet, and Paperwork Reduction Act Notice, Bee separate instructions. Cat Wo 113206 Form 1040,2022 THIS FORM IS A SMMULATION OF AM OFFICLL U.S. TAX FOMM. IT IS NOT THE OF FCAAL. FORM IT SEL. DO NOT USE. THIS FORM FOR TAX FLLNGSORFORAMY PURPOSE OTHER THAN EDUCATIONAL. 2023 MoGraWif EduCation. 1040PG2

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