Prepare a form $1040,$ Schedule $1,$ Schedule A$,$ Schedule B$,$

Schedule D$,$ Schedule E$,$ form $8949,$ and form $8582$ for John Fuji using the

information given on pages $5-79$ through $5-82$ of your textbook. When you have

completed the return on paper, transfer your information to electronic forms from

the IRS web site and submit $(8$ files$).$ Do not use dollar signs or cents on returns.

Leave blank any lines that are not needed. Do not fill in with zeros.

John Fuji $($birthdate June $6,1983)$ received the following Form W$-2$ from his employer related to his job as a manager at a Washington apple$-$processing plant:

John has income reported to him on a $1099-$DIV from his investment in mutual funds:

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 below from the sale. 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\mathrm{.}33,$ which were reflected as an increase in John$$s gross proceeds.

The entire year$$s property taxes are reflected on John$$s $1098.$

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 $12/30/2023$

$5,000$

John$$s employer offers a retirement plan, but John does not participate. Instead, he made a $$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 tenant$$s departure on December $31,$ John noted damages and is going to retain $$300$ of the security deposit. John$$s rental expenses for the year are:

Mortgage interest

$$9,500$

Real estate taxes

$7,000$

Insurance

$2,000$

Depreciation $($fully depreciated$)$

$0$

Repairs

$1,000$

Homeowner$$s 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.