Angelo is getting ready to prepare his $2023$ tax return.

Please analyze each line item below, and input the related tax income or deduction onto the tax income workpaper.

You will need to add your answer for each highlighted cell on the workpaper $($even if the amount is zero$).$

If you need more than one cell to perform the relevant calculation, please add a tab to the workbook, and link the number back into the main tax income workpaper.

You can round your answers to the nearest dollar. You must show your calculations in the cell $($and in supporting tabs$,$ as necessary$).$

a$.$ Angelo is a tax staff at Pro Tax Bro LLC$.$ His salary for $2023$ was $$79,200.$

b$.$ As an avid skateboarder, Angelo decided to invest in VF Corp, the parent company to Vans. He purchased $100$ shares in July $2021$ for $$77$ per share. The stock continued to fall, until he decided to cut his losses this year. He sold all $100$ shares in June $2023$ for $$18$ per share.

c$.$ Last year $($tax year $2022)$ Angelo decided to invest in the bond market. He invested $$150,000$ in Netflix Inc bonds that pay $4\mathrm{.}86\%$ annual interest, and $$50,000$ invested in California municipal bonds that pay $4\%$ annual interest.

d$.$ In his free time Angelo likes to play the guitar and the harmonica in a band with his friends. Every Saturday night they perform at a local bar, and over the year he accumulated $$1,560$ in tips. He also spent $$44$ on guitar strings and $$260$ on gas to and from the bar each weekend.

e$.$ During $2023$ he paid interest of $$2,712$ related to his student loans from SDSU.

f$.$ Angelo had the following medical expenses during $2023$:

Physician co$-$pays $$220$

Emergency Room fees $$700$

Dental cleanings $$300*$ $$250$ of the $$300$ was reimbursed by his insurance provider.

Prescription drugs$$ $$240$

Over$-$the$-$counter drugs$$ $$500$

Physical therapy sessions $$2,600$

Medical supplies $$700$

Non$-$prescription sunglasses $$500$

Total $$5,760$

g$.$ Angelo owns a condo in Del Mar. He paid $$10,260$ in property taxes over the year. He also paid $$11,924$ in California state and local income taxes.

h$.$ The mortgage on his condo is $$825,000.$ He pays $6\mathrm{.}5\%$ annual interest $($$$53,625$ during $2023).$ The loan was taken out in $2021.$ He also paid interest of $$650$ on his credit card balance.

i$.$ During $2023$ Angelo donated $$10,000$ to Boards for Bros, a $501($c$)(3)$ nonprofit organization committed to giving skateboards to kids who cannot afford them.

j$.$ Pro Tax Bro LLC withheld $$4,217$ in federal income taxes from Angelo's $2023$ salary for the year.

These additional questions should be answered in the relevant highlighted cells on the tax income workpaper:

What is Angelo's $2023$ federal tax liability? You can assume his filing status is single.

What is Angelo's $2023$ federal tax due or tax refund amount?

Gross Income:

a$.$ Salary

b$.$ Capital Gain$/($Loss$)$

c$.$ Interest Income

d$.$ Hobby Income

Gross Income

Deductions for AGI:

e$.$ Student loan interest

AGI

Deductions from AGI:

Itemized deductions:

f$.$ Medical

g$.$ Taxes

h$.$ Interest

i$.$ Charitable donations

d$.$ Miscellaneous

Total itemized

Itemized$/$standard deduction

Taxable Income:

Tax Liability:

Preferential income

Ordinary income

Total tax liability

j$.$ Withholdings:

Tax Due$/($Refund$)$

Please, Fill out full form $1040-$ year $2023?$

Please, Fill out full schedule $1($form $1040)-$ year $2023?$

Please, Fill out full schedule A $($form $1040)-$ year $2023?$

Please, Fill out full schedule D $($form $1040)-$ year $2023?$

Please, Fill out full form $8949-$ year $2023?$