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Need to fill out all of the tax returns schedules with the information provided. Tax Return Project 1 Basic information about the taxpayer - Name:

Need to fill out all of the tax returns schedules with the information provided. image text in transcribed
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Tax Return Project 1 Basic information about the taxpayer - Name: Hasan Nagelsmann - Filing Status: Single - Age: 34 - Blind: Yes. - SSN: 125-74-0723 Income - Salary: $130,000 - Interest income: $500 from municipal bonds and $1,000 from Cisco stocks. - Dividends: $2,000 qualified dividends, and $1,600 normal dividends IBM stocks - purchased on Jan. 10, 2018, at $20/ share, 1,000 shares - Sold on Jan.10, 2021, at $40/ share, 800 shares - Personal used car: adjusted basis $12,000, sold price $10,000 - Rental Income from a house he owns is 8%:$5,000 - Rental type: multi-family residence - Qualified business income from FCB, Inc.: $5,000 Deductions - Rental: $500 utilities, $200 for repair - Medical expenses: $500 for dental - State income taxes: $4,500 - State real estate tax: $6,000 - Charitable donations: $500 paid by his credit card Prepayments/Credits - Federal income tax withheld: $1,500 Based on the above information, please fill out Hasan's tax returns using the 2022 edition of form 1040. You may need Schedule A, B, D, E, and Form 8995 and 8949 . Note: Only attach a form or schedule if you find it necessary. Requirements: 1) Please download all forms (schedules, 2022 edition) from IRS. 2) Please do not make up any information not given. For example, you not need to make up the business address for FCB when you fill Form 8995. 3) If you choose standard deduction, please do not attach schedule A. 4) Name each of your form or schedule with the form's (schedule's) name plus your name. (For example, "Schedule 1_JamesBond"). If you prefer to combine all forms as one PDF file, please name it as "Form1040_yourname". 5) Check the instructions of each form (schedule) when you have questions. 6) If the final result is "overpaid", please apply all the overpayment amount to 2023 estimated tax

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