Question
assi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the
assi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2016:
Gross receipts $ 203,000
Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2016
Van (over 6,000 lbs) placed in service 1/01/16, cost 27,000
Postage (500 )
Wages (26,000 )
Payroll taxes (1,950 )
Supplies (12,500 )
Phone (1,250 )
Internet service (600 )
Rent (2,400 )
Insurance (2,800 )
Van expenses (4,500 )
Business assets Date Purchased Cost
Computer 1 5/18/16 $ 2,200
Computer 2 6/01/16 2,700
Printer 3/01/15 900
Copier 3/02/15 2,100
Furniture 3/01/15 6,000
On part two of Section C no. 9 , car and truck expenses do not equal 4500.
Part Two no. 13, is the 179 expense deduction which I do not know how to calculate.
and Section C part two, no 18 I don't know what to expense to the office.
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