Robert A$.$ Kliesh, age $41,$ is single and has no

ProConnect ${?}^{-7}$ Tax

dependents. Robert's Social Security number is $111-11-1115.$ His address is $727$ Big Horn Avenue, Sheridan, WY $82801.$ He does not contribute to the Presidential Election Campaign fund on his Form $1040.$

Robert works as a financial analyst and is well regarded in his field. This year his salary totaled $$1,450,000.$ His professional success has allowed him to purchase investments in real estate and corporate stocks and bonds. He also spends time volunteering with organizations that help people develop financial literacy skills. Examination of Robert's financial records provides the following information for $2023.$

a$.$ On January $16,$ Robert sold $1,000$ shares of stock for a loss of $$12,000.$ The stock was acquired $14$ months ago for $$17,000$ and sold for $$5,000.$ On February $15,$ he sold $400$ shares of stock for a gain of $$13,100.$ That stock was acquired in $2015$ for $$6,000$ and sold for $$19,100.$

b$.$ He received $$100,000$ of interest on private activity bonds that he purchased in $2019.$ He also received $$40,000$ of interest on tax$-$exempt bonds that are not private activity bonds.

c$.$ Robert received rent income of $$190,000$ from an apartment complex he