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Complete Thoms 2022 Form 4562 and page 1 of his Schedule C TAX FORM/RETURN PREPARATION PROBLEMS Thom Jones (SSN 000-00-1111) is an unincorporated manufacturer of
Complete Thoms 2022 Form 4562 and page 1 of his Schedule C
TAX FORM/RETURN PREPARATION PROBLEMS Thom Jones (SSN 000-00-1111) is an unincorporated manufacturer of widgets. He reports the following for 2022: The business operates under the name Jones Widget Company and is located at 400 W. Main Street in Springfield, Maryland 21368. Its employer identification number is 55-9876543. The business uses the cash method, Thom materially participates in it, and it did not make any payments that would require it to file Form 1099. Complete Thom's 2022 Form 4562 and page 1 of his Schedule C, assuming Thom elects to expense the maximum amount possible under Sec. 179 and uses bonus depreciation for any eligible amounts exceeding the Sec. 179 maximumStep by Step Solution
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