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1040

20

23

U.S. Individual Income Tax Return

Department of the Treasury—Internal Revenue Service

OMB No. 1545-0074

IRS Use Only—Do not write or staple in this space.

Form

For the year Jan. 1–Dec. 31, 2023, or other tax year beginning

, 2023, ending

, 20

See separate instructions.

Your first name and middle initial

Last name

Your social security number

RAMASWAMY

ASHWIN	

732

48

8725

If joint return, spouse’s first name and middle initial

Last name

Spouse’s social security number

RAMASWAMY

RAMYA	

081

97

8510

Home address (number and street). If you have a P.O. box, see instructions.

Apt. no.

Presidential Election Campaign

Check here if you, or your

755 E CAPITOL AVE

G307

spouse if filing jointly, want $3

City, town, or post office. If you have a foreign address, also complete spaces below.

State

ZIP code

to go to this fund. Checking a

MILPITAS	

CA

95035

box below will not change

your tax or refund.

Foreign country name

Foreign province/state/county

Foreign postal code

You

Spouse

Single

Head of household (HOH)

Filing Status

Married filing jointly (even if only one had income)

Check only

Married filing separately (MFS)

Qualifying surviving spouse (QSS)

one box.

If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child’s name if the

qualifying person is a child but not your dependent:

Digital

At any time during 2023, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell,

Assets

exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.)

Yes

No

Standard

Someone can claim:

You as a dependent

Your spouse as a dependent

Deduction

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness

You:

Were born before January 2, 1959

Are blind

Spouse:

Was born before January 2, 1959

Is blind

Dependents

(see instructions):

(4)

Check the box if qualifies for (see instructions):

(2)

Social security

(3)

Relationship

(1)

First name

Last name

Child tax credit

Credit for other dependents

number

to you

If more

than four

dependents,

see instructions

and check

here

.

145,730.

Income

1 a

Total amount from Form(s) W-2, box 1 (see instructions)

.

1a

b

Household employee wages not reported on Form(s) W-2 .

.

1b

Attach Form(s)

c

Tip income not reported on line 1a (see instructions)

.

1c

W-2 here. Also

attach Forms

d

Medicaid waiver payments not reported on Form(s) W-2 (see instructions)

.

1d

W-2G and

e

Taxable dependent care benefits from Form 2441, line 26

.

1e

1099-R if tax

f

Employer-provided adoption benefits from Form 8839, line 29

.

1f

was withheld.

If you did not

g

Wages from Form 8919, line 6

.

1g

get a Form

0.

h

Other earned income (see instructions)

.

1h

W-2, see

i

Nontaxable combat pay election (see instructions)

.

1i

instructions.

145,730.

z

Add lines 1a through 1h

.

1z

2a

Tax-exempt interest

.

2a

b

Taxable interest

.

2b

Attach Sch. B

if required.

3a

Qualified dividends

.

3a

b

Ordinary dividends

.

3b

4a

IRA distributions

.

4a

b

Taxable amount .

.

4b

Standard

5a

Pensions and annuities

.

5a

b

Taxable amount .

.

5b

Deduction for—

6a

Social security benefits

.

6a

b

Taxable amount .

.

6b

• Single or

Married filing

separately,

$13,850

c

If you elect to use the lump-sum election method, check here (see instructions)

.

7

Capital gain or (loss). Attach Schedule D if required. If not required, check here

.

7

• Married filing

-12,796.

8

Additional income from Schedule 1, line 10

.

8

jointly or

Qualifying

surviving spouse,

132,934.

9

Add lines 1z, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your

total income

.

9

$27,700

10

Adjustments to income from Schedule 1, line 26

.

10

• Head of

household,

$20,800

11

Subtract line 10 from line 9. This is your

adjusted gross income

.

11

132,934.

12

Standard deduction

or

itemized deductions

(from Schedule A)

.

12

27,700.

• If you checked

any box under

13

Qualified business income deduction from Form 8995 or Form 8995-A

.

13

Standard

Deduction

,

see instructions.

14

Add lines 12 and 13

.

14

27,700.

105,234.

15

Subtract line 14 from line 11. If zero or less, enter -0-. This is your

taxable income

.

15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

Form

1040

(2023

)

Form 1040 (2023)

Page

2

13,766.

Tax and

16

Tax

(see instructions). Check if any from Form(s):

1

8814

2

4972

3

.

16

Credits

17

Amount from Schedule 2, line 3

.

17

18

Add lines 16 and 17

.

18

13,766.

19

Child tax credit or credit for other dependents from Schedule 8812

.

19

20

Amount from Schedule 3, line 8

.

20

7,500.

21

Add lines 19 and 20

.

21

7,500.

6,266.

22

Subtract line 21 from line 18. If zero or less, enter -0-

.

22

23

Other taxes, including self-employment tax, from Schedule 2, line 21

.

23

0.

24

Add lines 22 and 23. This is your

total tax

.

24

6,266.

Payments

25

Federal income tax withheld from:

24,009.

a

Form(s) W-2

.

25a

b

Form(s) 1099

.

25b

c

Other forms (see instructions)

.

25c

24,009.

d

Add lines 25a through 25c

.

25d

26

2023 estimated tax payments and amount applied from 2022 return .

.

26

If you have a

qualifying child,

attach Sch. EIC.

27

Earned income credit (EIC)

.

27

28

Additional child tax credit from Schedule 8812

.

28

No

29

American opportunity credit from Form 8863, line 8 .

.

29

30

Reserved for future use

.

30

31

Amount from Schedule 3, line 15

.

31

32

Add lines 27, 28, 29, and 31. These are your

total other payments and refundable credits

.

32

24,009.

33

Add lines 25d, 26, and 32. These are your

total payments

.

33

17,743.

Refund

34

If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you

overpaid

.

34

17,743.

35a

Amount of line 34 you want

refunded to you

. If Form 8888 is attached, check here

.

35a

Direct deposit?

See instructions.

b

Routing number

c

Type:

Checking

Savings

d

Account number

36

Amount of line 34 you want

applied to your 2024 estimated tax

.

36

Amount

37

Subtract line 33 from line 24. This is the

amount you owe

.

You Owe

For details on how to pay, go to

www.irs.gov/Payments

or see instructions .

.

37

38

Estimated tax penalty (see instructions)

.

38

Third Party

Do you want to allow another person to discuss this return with the IRS? See

instructions

.

Yes.

Complete below.

No

Designee

Designee’s

Phone

Personal identification

name

no.

number (PIN)

Sign

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and

belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Here

Your signature

Date

Your occupation

If the IRS sent you an Identity

Protection PIN, enter it here

(see inst.)

NETWORK ENGINEER

Joint return?

See instructions.

Spouse’s signature. If a joint return,

both

must sign.

Date

Spouse’s occupation

If the IRS sent your spouse an

Keep a copy for

Identity Protection PIN, enter it here

your records.

(see inst.)

DENTAL ASSISTANT

Phone no.

Email address

ARAMASWAMY@MAIL.SMU.EDU 

(469)740-2905

Preparer’s name

Preparer’s signature

Date

PTIN

Check if:

Paid

Self-employed

SYAM PRIYA RAM SAGAR GUPTA TALLAM	

P02082703 

SYAM PRIYA RAM SAGAR GUPTA TALLAM	

01/18/2024

Preparer

GLOBAL TAXES LLC

(678)965-9522

Firm’s name

Phone no.

Use Only

245 ROONEY CT E BRUNSWICK NJ 08816

84-3171965

Firm’s address

Firm’s EIN

Go to

www.irs.gov/Form1040

for instructions and the latest information.

Form

1040

(2023)

BAA

REV 01/08/24 PRO

SCHEDULE 1

OMB No. 1545-0074

(Form 1040)

20

23

Additional Income and Adjustments to Income

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

Department of the Treasury

Attachment

Sequence No.

01

Go to

www.irs.gov/Form1040

for instructions and the latest information.

Internal Revenue Service

Name(s) shown on Form 1040, 1040-SR, or 1040-NR

Your social security number

ASHWIN & RAMYA RAMASWAMY	

732-48-8725

Part I

Additional Income

1

Taxable refunds, credits, or offsets of state and local income taxes

.

1

2a

Alimony received

.

2a

b

Date of original divorce or separation agreement (see instructions):

3

Business income or (loss). Attach Schedule C

.

3

4

Other gains or (losses). Attach Form 4797

.

4

5

Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E

.

5

-12,796.

6

Farm income or (loss). Attach Schedule F .

.

6

7

Unemployment compensation .

.

7

8

Other income:

a

Net operating loss

.

8a

(

)

b

Gambling

.

8b

c

Cancellation of debt

.

8c

d

Foreign earned income exclusion from Form 2555

.

8d

(

)

e

Income from Form 8853

.

8e

f

Income from Form 8889

.

8f

g

Alaska Permanent Fund dividends

.

8g

h

Jury duty pay

.

8h

i

Prizes and awards

.

8i

j

Activity not engaged in for profit income

.

8j

k

Stock options .

.

8k

l

Income from the rental of personal property if you engaged in the rental

for profit but were not in the business of renting such property

.

8l

m

Olympic

and

Paralympic

medals

and

USOC

prize

money

(see

instructions)

.

8m

n

Section 951(a) inclusion (see instructions)

.

8n

o

Section 951A(a) inclusion (see instructions)

.

8o

p

Section 461(l) excess business loss adjustment

.

8p

q

Taxable distributions from an ABLE account (see instructions)

.

8q

r

Scholarship and fellowship grants not reported on Form W-2

.

8r

s

Nontaxable amount of Medicaid waiver payments included on Form

1040, line 1a or 1d

.

8s

(

)

t

Pension or annuity from a nonqualifed deferred compensation plan or

a nongovernmental section 457 plan

.

8t

u

Wages earned while incarcerated

.

8u

z

Other income. List type and amount:

8z

9

Total other income. Add lines 8a through 8z .

.

9

10

Combine lines 1 through 7 and 9. This is your

additional income

. Enter here and on Form

1040, 1040-SR, or 1040-NR, line 8

.

10

-12,796.

For Paperwork Reduction Act Notice, see your tax return instructions.

Schedule 1 (Form 1040) 2023

Page

2

Part II

Adjustments to Income

11

Educator expenses .

.

11

12

Certain business expenses of reservists, performing artists, and fee-basis government

officials. Attach Form 2106

.

12

13

Health savings account deduction. Attach Form 8889

.

13

14

Moving expenses for members of the Armed Forces. Attach Form 3903

.

14

15

Deductible part of self-employment tax. Attach Schedule SE

.

15

16

Self-employed SEP, SIMPLE, and qualified plans .

.

16

17

Self-employed health insurance deduction

.

17

18

Penalty on early withdrawal of savings .

.

18

19a

Alimony paid

.

19a

b

Recipient’s SSN

.

c

Date of original divorce or separation agreement (see instructions):

20

IRA deduction .

.

20

21

Student loan interest deduction

.

21

22

Reserved for future use

.

22

23

Archer MSA deduction

.

23

24

Other adjustments:

a

Jury duty pay (see instructions)

.

24a

b

Deductible expenses related to income reported on line 8l from the

rental of personal property engaged in for profit

.

24b

c

Nontaxable amount of the value of Olympic and Paralympic medals

and USOC prize money reported on line 8m .

.

24c

d

Reforestation amortization and expenses .

.

24d

e

Repayment of supplemental unemployment benefits under the Trade

Act of 1974 .

.

24e

f

Contributions to section 501(c)(18)(D) pension plans .

.

24f

g

Contributions by certain chaplains to section 403(b) plans

.

24g

h

Attorney fees and court costs for actions involving certain unlawful

discrimination claims (see instructions) .

.

24h

i

Attorney fees and court costs you paid in connection with an award

from the IRS for information you provided that helped the IRS detect

tax law violations

.

24i

j

Housing deduction from Form 2555 .

.

24j

k

Excess deductions of section 67(e) expenses from Schedule K-1 (Form

1041)

.

24k

z

Other adjustments. List type and amount:

24z

25

Total other adjustments. Add lines 24a through 24z

.

25

26

Add lines 11 through 23 and 25. These are your

adjustments to income

. Enter here and on

Form 1040, 1040-SR, or 1040-NR, line 10

.

26

Schedule 1 (Form 1040) 2023

BAA

REV 01/08/24 PRO

Details

GTAX FINAL DRAFT-2023.pdf

General