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How to Calculate Gustavos 2 0 2 3 taxes; based on the W - 2 information provided, Gustavo Garcia ( unmarried ) should use the
How to Calculate Gustavos taxes; based on the W information provided, Gustavo Garcia unmarried should use the following what tax forms:
Wages, tips, other compensation is $ social security wages is $ Medicare wages and tips is $ federal income tax withheld is $ social security tax withheld is $ Medicare tax withheld is $ state wages tips, etc. is $ state income tax is $
Gustavo received $ municipal bond interest income from City of Laredo Bonds, $ in interest income from Western States Bank and $ in interest from Heritage Bank. He also received a $ dividend from Tumble Corp. and a $ dividend from Howling Inc. $ of these dividends were Qualified Dividends.
Gustavo sold some of his stock portfolio to make other investments. He sold shares of Purple Sage stock for $ a share on May He purchased the stock on June for $ a share. There was a commission charge of $ on the sale of these shares. He also sold shares of Zane Inc stock for $ a share on May He purchased the stock for $ a share on December Both of these sales were not reported to him on a B
The following is a record of the medical expenses that Gustavo paid during the year. The amounts reported are amounts he paid in excess of any insurance reimbursements.
Health Insurance premiums $
Prescription medications
Overthecounter medications
Doctor and dentists visits
Eyeglasses
During the year, Gustavo paid $ of mortgage interest to Bisbee Mortgage.
Additionally, he paid $ in real estate property taxes on his home, $ real estate property taxes on a cabin he owns in Hillsboro, NM and $ on real estate property taxes on land in Culberson County, TX
Gustavo paid $ in Texas sales tax this year. He has kept all his receipts.
Gustavo had a casualty loss from his home from broken pipes during a freeze of $
Gustavo likes to bet on basketball pools at his work. He lost this year and had gambling losses for the year of $
Gustavo contributed cash of $ to the Community Church during the year.
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