Can someone please help me with 2019 Form 4562. What numbers goes on:
1, 2, 3, 6, 7, 11, and 17.
Thank you
Also on line 26
Also what is the QBI?
OMB No. 1545-0172 2019 Attachment Sequence No. 179 Identifying number 412-34-5670 Form 4562 Depreciation and Amortization (Including Information on Listed Property) Department of the Treasury Attach to your tax return. Intemal Revenue Service (99) Go to www.insgow Form4562 for instructions and the latest information. Names) shown on retum Business or activity to which this form relates Cassi Home Cleaning Part 1 Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount (see instructions) 2 Total Cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in Imitation (see instructions) 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less enter- Dollar limitation for tax year. Subtractine 4 from line 1. #zero or less, enter If married fling separately see instructions (a) Description of property (b) Cost (biz use) (c) Elected cost Two Corouters 7 Listed property. Enter the amount from line 29 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 9 Tentative deduction Enter the smaller of line 5 or line 8 10 Carryover of disallowed deduction from line 13 of your 2018 Form 4562 11 Business Income limitation Enter the smaller of business income (not less than zero) or line 5 See Instructions 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 13 Carryover of disallowed deduction to 2020. Add lines 9 and 10, less line 12 Note: Don't use Partilor Part I below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation alowance for qualified property (other than listed property placed in service during the tax year See instructions 15 Property subject to section 168(X1) election 16 Other depreciation (including ACRS) Partill M ACRS Depreciation (Don't include listed property. See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2019 View pre Part V Listed Property include moties certain the vehicles, certain art and property for recreation or amusement) For any vehicle for which you are using the standard mileage rate or deducting lease expense complete only 24, 24b. columna (a) trough (c) of Section A ll of Section Band Section applicable Section A Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24 Do you have evidence to support the business investment une claimed? Yes No 26 "Yes" is the evidence written? Yes No la Type of property is veces forst) Date placed in service Oy (Cost or other Business investment e percentage Banor depreciation businesinvestment is only) Recovery conversion h) Depreciate deduction Elected section 179 cost 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a que buwness use. See Instructions 26 Property used more than 50% in a qualified winess use EST 27 Property sed 50% or less in a qualified business U SL ESP 28 Add amounts in column ), lines 25 through 27. Enter here and on line 21, page 1 29 Add amounts in column line 26. Enter here and on line 7 page 1 Schedule C page 1 and Schedule SE page 1 for a single taxpayer. Schedule C QBI Schedule Se Form 4562 P1 Form 4562 P2 Qualified Business Income deduction (QBI) The Qualified Businees Income deduction (QBI) is OMB No. 1545-0172 2019 Attachment Sequence No. 179 Identifying number 412-34-5670 Form 4562 Depreciation and Amortization (Including Information on Listed Property) Department of the Treasury Attach to your tax return. Intemal Revenue Service (99) Go to www.insgow Form4562 for instructions and the latest information. Names) shown on retum Business or activity to which this form relates Cassi Home Cleaning Part 1 Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount (see instructions) 2 Total Cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in Imitation (see instructions) 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less enter- Dollar limitation for tax year. Subtractine 4 from line 1. #zero or less, enter If married fling separately see instructions (a) Description of property (b) Cost (biz use) (c) Elected cost Two Corouters 7 Listed property. Enter the amount from line 29 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 9 Tentative deduction Enter the smaller of line 5 or line 8 10 Carryover of disallowed deduction from line 13 of your 2018 Form 4562 11 Business Income limitation Enter the smaller of business income (not less than zero) or line 5 See Instructions 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 13 Carryover of disallowed deduction to 2020. Add lines 9 and 10, less line 12 Note: Don't use Partilor Part I below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation alowance for qualified property (other than listed property placed in service during the tax year See instructions 15 Property subject to section 168(X1) election 16 Other depreciation (including ACRS) Partill M ACRS Depreciation (Don't include listed property. See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2019 View pre Part V Listed Property include moties certain the vehicles, certain art and property for recreation or amusement) For any vehicle for which you are using the standard mileage rate or deducting lease expense complete only 24, 24b. columna (a) trough (c) of Section A ll of Section Band Section applicable Section A Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24 Do you have evidence to support the business investment une claimed? Yes No 26 "Yes" is the evidence written? Yes No la Type of property is veces forst) Date placed in service Oy (Cost or other Business investment e percentage Banor depreciation businesinvestment is only) Recovery conversion h) Depreciate deduction Elected section 179 cost 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a que buwness use. See Instructions 26 Property used more than 50% in a qualified winess use EST 27 Property sed 50% or less in a qualified business U SL ESP 28 Add amounts in column ), lines 25 through 27. Enter here and on line 21, page 1 29 Add amounts in column line 26. Enter here and on line 7 page 1 Schedule C page 1 and Schedule SE page 1 for a single taxpayer. Schedule C QBI Schedule Se Form 4562 P1 Form 4562 P2 Qualified Business Income deduction (QBI) The Qualified Businees Income deduction (QBI) is
