Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In addition, the taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year.

Kai Sato is single and lives at 5411 Melbourne Avenue, Chicago, IL 60455. Kai is a manager and whose SSN is 412-34-5670. Using the following information, complete Kai's tax return for 2022:

Kimber Company W-2:

Gross	$ 90,000
Social security tax	5,580
Medicare tax	1,305
Federal withholding tax	15,700
State withholding tax	2,700

Lee Company W-2:

Gross	$ 22,500
Social security tax	1,395
Medicare tax	326
Federal withholding tax	2,300
State withholding tax	600

Kai has the following itemized deductions:

Real estate tax	$ 7,438
Mortgage interest	8,195
Charitable contributions	3,250

Kai has the following investments:

1099-INT	$ 2,510
1099-DIV
Ordinary dividends	2,564
Qualified dividends	1,974
Capital gain distribution	4,711
2021 short-term loss carryover	(1,000)

Kai received a gift of 2,000 shares of FNP Incorporated stock from Aunt Jane on January 19, 2022. The basis of the shares to Aunt Jane was $4,300, and they had an FMV of $4,600 on the date of the gift. Aunt Jane purchased the stock on December 30, 2020. On June 30, 2022, Kai sold all the shares for $6,000.

Kai is an avid stamp collector and purchased a rare stamp on March 20, 2012, for $4,000. Kai sold the stamp for $6,000 on April 8, 2022.

Required:

Prepare Form 1040 and all related schedules, forms, and worksheets for 2022. Kai does not donate to the presidential election campaign. Kai is a manager at Kimber Company and had qualifying health care coverage at all times during the tax year. Use the appropriate Tax Tables and Tax Rate Schedules.

Note: Indicate losses with minus sign and enter all other values as positive amounts. Round your final answers to nearest whole dollar.