oss receipts siness mileage: 27,000 (miles incurred ratably throughout the year) 35,000 iles total during the year 2020 an (over 6,000 pounds) placed in service 1/01/2020, cost 27,000 stage ges roll taxes pplies one ternet service ht surance nexpenses siness assets mputer 1 mputer 2 Enter bier niture Date Purchased 5/18/20 6/01/20 3/01/19 3/02/19 3/01/19 Cost $ 2,200 2,700 900 2,100 6,000 $ 203,000 (500) (26,000) (1,950) (12,500) (1,250) (600) (2,400) (2,800) (4,500) uired: ermine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE. § 179 expense is elected on all ible assets (§ 179 was not taken on assets purchased last year). (Use Table 6A-1) (Input all the values as positive numbers. Use nded values for tax computation. Do not round other intermediate computations. Round your final answers to nearest whole ar. Instructions can be found on certain cells within the forms.)
oss receipts siness mileage: 27,000 (miles incurred ratably throughout the year) 35,000 iles total during the year 2020 an (over 6,000 pounds) placed in service 1/01/2020, cost 27,000 stage ges roll taxes pplies one ternet service ht surance nexpenses siness assets mputer 1 mputer 2 Enter bier niture Date Purchased 5/18/20 6/01/20 3/01/19 3/02/19 3/01/19 Cost $ 2,200 2,700 900 2,100 6,000 $ 203,000 (500) (26,000) (1,950) (12,500) (1,250) (600) (2,400) (2,800) (4,500) uired: ermine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE. § 179 expense is elected on all ible assets (§ 179 was not taken on assets purchased last year). (Use Table 6A-1) (Input all the values as positive numbers. Use nded values for tax computation. Do not round other intermediate computations. Round your final answers to nearest whole ar. Instructions can be found on certain cells within the forms.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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