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Chapter 6 TRP 6 - 1 Cassi ( SSN 4 1 2 - 3 4 - 5 6 7 0 ) has a home cleaning

Chapter 6 TRP 6-1
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 2023 :
Required:
Determine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE.179 expense is elected on all
eligible assets (179 was not taken on assets purchased last year).(Use Table 6A-1.)
Note: Input all the values as positive numbers. Use Rounded values for tax computation. Do not round other intermediate
computations. Round your final answers to nearest whole dollar. Instructions can be found on certain cells within the forms.
Schedule C page 1 and Schedule SE page 1 for a single taxpayer. 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 2023 : Required: Determine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE.179 expense is elected on all eligible assets (179 was not taken on assets purchased last year).(Use Table 6A-1.)
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