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John Fuji ( birthdate June 6 , 1 9 8 3 ) received Form W - 2 from his employer related to his job as

John Fuji (birthdate June 6,1983) received Form W-2 from his employer related to his job as a manager at a Washington apple-processing plant (see separate tab).
John has income reported to him on a 1099-DIV from his investment in mutual funds (see separate tab).
Also, in accordance with the January 2016 divorce decree John receives $500 per month alimony from his ex-wife (Dora Fuji, Social Security number 573-79-6075) in 2023.
On December 30,2023, John sold his primary residence after living there since October 2013. John received the Form 1099-S from the sale (see separate tab). John paid selling expenses of $35,755. His basis in the home was $292,000. John paid the property taxes on the home for the second half of 2023 of $6,000. The closing statement for the sale indicated that the buyer needed to reimburse John for property taxes of $33.33, which were reflected as an increase in John\'s gross proceeds.
The entire years property taxes are reflected on Johns 1098(see separate tab).
John tried his hand at day trading for one week in February 2023. He received a substitute Form 1099-B from his broker. Because the IRS was provided the acquisition date and basis for all trades and none required any adjustments or codes, these can be entered as a summary entry into Schedule D and no Form 8949 needs to be prepared.
During 2023, John paid the following amounts (all of which can be substantiated):
Auto loan interest 1,575
Credit card interest 655
State sales tax (actual exceeds estimated)2,022
Doctor bills 5,000
Other deductible medical expenses 1,800
Income tax preparation fee 500
Job-hunting expenses 925
Cash charitable donation to the Jonagold Research Center 2,500
Federal estimated tax payment 12/30/20235,000
Johns employer offers a retirement plan, but John does not participate. Instead, he made a $6,500 contribution to a Roth IRA.
John owns a condo in Seattle that he lived in years ago and now rents. His rental condo is located at 1012 E Terrace Street Unit 1204, Seattle, WA 98122 and was rented all year to his tenant. The tenant occupied the home on January 1,2023, and pays rent of $2,000 per month for each month of 2023(a 12-month lease). John demanded first and last month rent and a security deposit of $500 and all were paid January 1,2023. Upon the tenants departure on December 31, John noted damages and is going to retain $300 of the security deposit. Johns rental expenses for the year are:
Mortgage interest $9,500
Real estate taxes 7,000
Insurance 2,000
Depreciation (fully depreciated)0
Repairs 1,000
Homeowners association fees 5,600
John actively manages the rental home. He probably spends about seven hours per month on the rental.
Required:
Complete John\'s federal tax return for 2023. Use Form 1040, Schedule 1, Schedule A, Schedule B, Schedule D, Schedule E, Form 8949, Form 8582, and the Qualified Dividends and Capital Gains Tax Worksheet as needed to complete this tax return.
Make realistic assumptions about any missing data.
John has health coverage for the entire year, required round any dollar amount to the neare and he does not want to make a contribution to the presidential election campaign.
Enter all amounts as positive numbers.
If an amount box does not require an entry or the answer is zero, enter \"0\".
If required, round any dollar amount to the nearest dollar.
Question Content Area
His earnings and income tax withholding for 2023 for his job as a manager at a Washington apple-processing plant are:
a Employee\'s social security number
571-78-5974
OMB No.1545-0008 Safe, accurate,
FAST! Use IRS e ~ file Visit the IRS website at
www.irs.gov/efile
b Employer identification number (EIN)
34-76543211 Wages, tips, other compensation
82,125.002 Federal income tax withheld
10,600.00
c Employer\'s name, address, and ZIP code
Granny Smith Apple Company
Ahtanum Road
Yakima, WA 989033 Social security wages
82,125.004 Social security tax withheld
5,091.75
5 Medicare wages and tips
82,125.006 Medicare tax withheld
1,190.81
7 Social security tips
8 Allocated tips
d Control number
910 Dependent care benefits
e Employee\'s first name and initial
Last name
Suff. 11 Nonqualified plans 12a See instructions for box 12
C
o
d
e
John Fuji
468 Bonnie Doon Avenue
Yakima, WA 9890213
Statutory employee Retirement plan Third-party sick pay
12b
C
o
d
e
14 Other 12c
C
o
d
e
12d
C
o
d
e
f Employee\'s address and ZIP code
15 State Employer\'s state ID number 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 20 Locality name
WA
Form W-2 Wage and Tax Statement 2023 Department of the TreasuryInternal Revenue Service
Copy BTo Be Filed With Employee\'s FEDERAL Tax Return.
This information is being furnished to the Internal Revenue Service.
Question Content Area
John\'s other i

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