COMPREHENSIVE PROBLEM 27. Patrick A. and Danielle R. Beckman ble ajo hd Danielle R. Beckman file a joint return for 2019, The Beckmans rent a three- com apartment located at 520 W Maywood 6. Aurora, IL 60505. They provide over the support for Danielle's mother. Ellen Tyler (SSN 384-58-7338), who qualities as their dependent. Ellen lives in a nursing home in Peoria, Illinois. Th es in a nursing home in Peoria, Illinois. The Beckmans claim their old daughter, Tara (SSN 487.58-3957) as a dependent. Tara lives with the Beckmans 20-year-old daughter, Tara (SSN while attending college full-time. Danielle (SSN 394-59.3948) work fullrime for an advertising firm. Through her employer, Danielle gets full health care insurance coverage for her family. In 2019, Danielles taxable Wages were $59.000, from which her employer withheld $6,000 in federal income taxes, 53.809 in social security taxes. $905 in Medicare taxes, and $1,020 in state income taxes. is an active participant in her employer's 401(k). During the year, Danielle contributed $3,400 to her 401(k), Danielle and Patrick each contributed $1,500 to their respective traditional IRAs for 2019. Patrick (SSN 549-82-2497) is self-employed. He began his carpet cleaning business in 2015. The business code for Schedule C (line B) is 812990. Patrick uses the spare bedroom in the apartment solely and exclusively as a home office to perform administrative tasks. The bedroom is 220 square feet in size. The square footage of the entire apartment is 1,800 square feet. Patrick elects to use the safe harbor method to compute his home office deduction. Patrick uses the cash method. During the year, his business income was $18,000, and he paid $1,828 for cleaning chemicals and supplies, $300 for advertising, and $50 for office expenses. On September 10, 2017, Patrick purchased carpet-cleaning equipment for $14,762. This the only depreciable property placed in service in 2017. The equipment is 5-year proper Patrick did not elect Section 179 in 2017. He did take bonus depreciation and uses regula. MACRS to depreciate the equipment. On June 8, 2019, Patrick purchased video equipment for $2,000. Assume this equipment is 5-year property also with a 5-year ADS period. Patrick uses the video equipment 40% for business and 60% for personal use. Patrick has written evidence to support the 40% business use. The video equipment was Patrick's only acquisition in 2019. Patrick uses his van to get to and from customers homes. During the year Patrick drove his van 1,797 miles for business. He keeps a written log as evidence of these miles. Total miles for the year on the van were 10,540. Danielle has her own car that she uses to get to and from work. Patrick bought the van on March 5, 2014. He used the standard mileage method in 2019. Patrick incurred no business-related parking or tolls in 2019. Prepare the Beckmans' Form 1040 and accompanying Schedules C and SE, and Form 4562. Be sure to complete lines 30-36 on Form 4562. Neither Patrick nor Danielle wants $3 to go to the Presidential election campaign fund. The Beckmans sign their return on April 15, 2020. COMPREHENSIVE PROBLEM 27. Patrick A. and Danielle R. Beckman ble ajo hd Danielle R. Beckman file a joint return for 2019, The Beckmans rent a three- com apartment located at 520 W Maywood 6. Aurora, IL 60505. They provide over the support for Danielle's mother. Ellen Tyler (SSN 384-58-7338), who qualities as their dependent. Ellen lives in a nursing home in Peoria, Illinois. Th es in a nursing home in Peoria, Illinois. The Beckmans claim their old daughter, Tara (SSN 487.58-3957) as a dependent. Tara lives with the Beckmans 20-year-old daughter, Tara (SSN while attending college full-time. Danielle (SSN 394-59.3948) work fullrime for an advertising firm. Through her employer, Danielle gets full health care insurance coverage for her family. In 2019, Danielles taxable Wages were $59.000, from which her employer withheld $6,000 in federal income taxes, 53.809 in social security taxes. $905 in Medicare taxes, and $1,020 in state income taxes. is an active participant in her employer's 401(k). During the year, Danielle contributed $3,400 to her 401(k), Danielle and Patrick each contributed $1,500 to their respective traditional IRAs for 2019. Patrick (SSN 549-82-2497) is self-employed. He began his carpet cleaning business in 2015. The business code for Schedule C (line B) is 812990. Patrick uses the spare bedroom in the apartment solely and exclusively as a home office to perform administrative tasks. The bedroom is 220 square feet in size. The square footage of the entire apartment is 1,800 square feet. Patrick elects to use the safe harbor method to compute his home office deduction. Patrick uses the cash method. During the year, his business income was $18,000, and he paid $1,828 for cleaning chemicals and supplies, $300 for advertising, and $50 for office expenses. On September 10, 2017, Patrick purchased carpet-cleaning equipment for $14,762. This the only depreciable property placed in service in 2017. The equipment is 5-year proper Patrick did not elect Section 179 in 2017. He did take bonus depreciation and uses regula. MACRS to depreciate the equipment. On June 8, 2019, Patrick purchased video equipment for $2,000. Assume this equipment is 5-year property also with a 5-year ADS period. Patrick uses the video equipment 40% for business and 60% for personal use. Patrick has written evidence to support the 40% business use. The video equipment was Patrick's only acquisition in 2019. Patrick uses his van to get to and from customers homes. During the year Patrick drove his van 1,797 miles for business. He keeps a written log as evidence of these miles. Total miles for the year on the van were 10,540. Danielle has her own car that she uses to get to and from work. Patrick bought the van on March 5, 2014. He used the standard mileage method in 2019. Patrick incurred no business-related parking or tolls in 2019. Prepare the Beckmans' Form 1040 and accompanying Schedules C and SE, and Form 4562. Be sure to complete lines 30-36 on Form 4562. Neither Patrick nor Danielle wants $3 to go to the Presidential election campaign fund. The Beckmans sign their return on April 15, 2020