Question
Cassi (SSN 412-34-5670) has a home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax
Cassi (SSN 412-34-5670) has a home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2011:
Gross Receipt $203,000 Business mileage: 27,000 miles (miles incurred ratably throughout the year)
35,000 miles total during year 2011
Van (over 6,000 lbs) placed in Service 01/01/11, 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 5/18/11 $2,200
Computer 2 6/01/11 2,700
Printer 3/01/10 900
Copier 3/02/10 2,100
Furniture 3/01/10 6,000
Determine Cassi
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