Please fill out the $2023$ Schedule $1,$ based on the following information given. Jessie Butler uses the cash method to account for her business activities which were as follows in $2023$:

Jessie made the following estimated tax payments in $2023$: $\backslash (\backslash$$ $2,000\backslash )$ for Federal income taxes and $\backslash (\backslash$$ $500\backslash )$ for MA state income taxes. Jessie also received a $\backslash (\backslash$$ $15,000\backslash )$ gift in $2023$ from her rich uncle who wanted to help her grow her business.

Joseph and Jessie also received the following investment income during the year:

Interest income from Certificate of Deposit $\backslash (\backslash$$ $1,650\backslash )$

Interest income from U$.$S$.$ Treasury Bond $\backslash (\backslash$$ $716\backslash )$

Interest income from Municipal Bond $\backslash (\backslash$$ $920\backslash )$

The Butler's did not own, control or manage any foreign bank accounts, nor were they grantors or beneficiaries of a foreign trust during the tax year.

In May of $2023,$ the Butler's received a Federal income tax refund of $\backslash$$$1,200$ and a Massachusetts state income tax refund of $\backslash (\backslash$$ $400\backslash )$ because they had overpaid both their Federal and MA state individual income taxes in $2022.$ On their $2022$ Federal income tax return, the Butler's itemized their deductions and received full tax benefit $($deduction$)$ for the state tax income taxes paid in $2022.$

Joseph enjoys sports and wages bets on the local sports teams. Joseph had gambling winnings of $\backslash$$$1,800$ during $2023$ and gambling losses of $\backslash (\backslash$$ $3,200\backslash ).$

Lizzie won an iPad valued at $\backslash (\backslash$$ $800\backslash )$ and a scholarship for $\backslash (\backslash$$ $2,500\backslash )$ towards tuition by competing in her University's $2023$ technology contest.

The Butler's paid the following expenses during the year:

Mortgage interest on principal residence

$\backslash (\backslash$$ $14,500\backslash )$

Real property taxes on residence

$\backslash (\backslash$$ $6,200\backslash )$

Vehicle property tax based upon value

$\backslash (\backslash$$ $310\backslash )$

State sales tax

Unreimbursed medical expenses

$\backslash (\backslash$$ $1,690\backslash )$

Unreimbursed employee business expenses for

Joseph $\backslash (\backslash$quad $\backslash$$ $2,400\backslash )$

Interest on credit cards

$\backslash (\backslash$$ $300\backslash )$

Interest on loans to pay Lizzie's tuition

$\backslash$$$3,200$

College tuition paid for Lizzie

$\backslash (\backslash$$ $6,780\backslash )$

College room $\backslash$& board paid for Lizzie

$\backslash (\backslash$$ $12,620\backslash )$

Cash contribution to American Red Cross

$\backslash (\backslash$$ $1,725\backslash )$ Joseph and Jessie also received the following investment income during the year:

Interest income from Certificate of Deposit $\backslash (\backslash$quad $\backslash$$ $1,650\backslash )$

Interest income from U$.$S$.$ Treasury Bond $\backslash (\backslash$$ $716\backslash )$

Interest income from Municipal Bond $\backslash$$$920$

The Butler's did not own, control or manage any foreign bank accounts, nor were they grantors or beneficiaries of a foreign trust during the tax year.

In May of $2023,$ the Butler's received a Federal income tax refund of $\backslash$$$1,200$ and a Massachusetts state income tax refund of $\backslash (\backslash$$ $400\backslash )$ because they had overpaid both their Federal and MA state individual income taxes in $2022.$ On their $2022$ Federal income tax return, the Butler's itemized their deductions and received full tax benefit $($deduction$)$ for the state tax income taxes paid in $2022.$

Joseph enjoys sports and wages bets on the local sports teams. Joseph had gambling winnings of $\backslash$$$1,800$ during $2023$ and gambling losses of $\backslash (\backslash$$ $3,200\backslash ).$

Lizzie won an iPad valued at $\backslash (\backslash$$ $800\backslash )$ and a scholarship for $\backslash$$$2,500$ towards tuition by competing in her University's $2023$ technology contest.

The Butler's paid the following expenses during the year:

Mortgage interest on principal residence

$\backslash (\backslash$$ $14,500\backslash )$

Real property taxes on residence

$\backslash (\backslash$$ $6,200\backslash )$

Vehicle property tax based upon value

$\backslash$$$310$

State sales tax $\backslash (\backslash$$ $1,150\backslash )$

Unreimbursed medical expenses

$\backslash (\backslash$$ $1,690\backslash )$

Unreimbursed employee business expenses for

Joseph $\backslash (\backslash$quad $\backslash$$ $2,400\backslash )$

Interest on credit cards

$\backslash (\backslash$$ $300\backslash )$

Interest on loans to pay Lizzie's tuition

$\backslash$$$3,200$

College tuition paid for Lizzie

$\backslash$$$6,780$

College room $\backslash$& board paid for Lizzie

$\backslash (\backslash$$ $12,620\backslash )$

Cash contribution to American Red Cross

$\backslash (\backslash$$ $1,725\backslash )$

The Butlers received a Form $1098-$T from State University whose address and employer identification number $($EIN$)$ are as follows:

State University

$11$ Ivory Tower Road

Western, MA $08088$

EIN: RS$-$TUVWXYZ SCHEDULE $1$

$($Form $1040)$

Department of the Treasury

Internal Revenue Service

Additional Income and Adjustments to Income

Attach to Form $1040,1040-$SR$,$ or $1040-$NR$.$

Go to www$.$irs.gov$/$Form$1040$ for instructions and the latest information.

OMB No$.1545-0074$

$2023$

Attachment

Sequence No$.01$

Part I Additional Income

Part II Adjustments to Income