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RequiredUse the following information to complete Gustavo Garcia's 2 0 2 3 federal income tax return If information is missing, use reasonable assumptions to fill

RequiredUse the following information to complete Gustavo Garcia's 2023 federal income tax return If information is missing, use reasonable assumptions to fill in the gaps.You may need the following forms and schedules to complete the assignment: Form 1040, Schedule A if the itemized deductions are higher than the standard deduction, Schedule B, Schedule D, Form 8949, and possibly others. The forms, schedules, and instructions can be found in the Blackboard course under instructor resources or at the IRS Web site (www.irs.gov). The instructions for the forms can be helpful and can be found on the IRS website. Also, use Form Finder in the TR Checkpoint library for additional line by line instructions.Facts:1. Gustavo Garcia (unmarried) is employed as a Graphic Designer at the PortSide Press in El Paso,Gustavo provided the following additional information: Gustavo Garcia lives at 4554 Portofino Dr, El Paso, TX 79904.Gustavo's birthday is 8/6/1949 and his Social Security number is 425-87-3381. Gustavo does not have any foreign bank accounts or trusts, nor did he have any transactions with virtual currency. Do not consider AMT tax for the tax return2. Gustavo received Form W-2 from PortSide Press. See W-2 attached.3. Gustavo received $886 municipal bond interest income from City of Laredo Bonds, $2,565 in interest income from Western States Bank and $193 in interest from Heritage Bank. He also received a $5,280 dividend from Tumble Corp. and a $2,232 dividend from Howling Inc. $4,000 of these dividends were Qualified Dividends.4. Gustavo sold some of his stock portfolio to make other investments. He sold 700 shares of Purple Sage stock for $67 a share on May 16,2023. He purchased the stock on June 24,2001, for $48 a share. There was a commission charge of $104 on the sale of these shares. He also sold 2,280 shares of Zane Inc stock for $14 a share on May 20,2023. He purchased the stock for $58 a share on December 2,2009. Both of these sales were not reported to him on a 1099-5. 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 premiumsPrescription medicationsOver-the counter medicationsDoctor and dentists visitsEyeglasses$4,2672,8171,2012,248720

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