Employee Expenses and Deferred CompemationEndividuals 9 Johmon rewives a s7.800 neiburement for the travel expenss He dd o oeeive an renlunnientforthenon penses. He uses his permal ????.mobdr30% business use and placed his carvent ausomobile in the year (evenly throughous the vear) amount bo 26,400 and other personal males amount to 4,600 ies Johnsn's AGt is $60,000, and he has Calculate hn's espense deduction using the 2012 Form 2106 Fmployer Business on ctiial automoble expenses and oeher emplovee business espenves h Calculate Johesons expesse deduction for 2012 using the srandand wileage rane mileagr rate method are applicalble ) d sase 2000 Lakeview Drive, Cleveland, O 49001 and want you to prepare their 2012 income esx return hased on the information below $450 George Lange worked as a saleuman for Toyboa,c. He reeived a salary of ssa 58,500 of federal income taxes withheld and $1,800 of state income taxins wihus oyboat of $3,000 to cover his employee batiness and retura any espenses. Geoege must make an adequane accounting to his escess reimbarsement, hone of the reimbursement was related so the meals and enertain ment. Addieionally, Toyboar provides George with medical insurance worth 37,200 e year Ceorge deove his car a total of 24,000 miles daring the yeas, and he placed the car in service on June 1, 2010 His log indicates thae 18,000 miles wese for sales calls to cus omers at the customers ofices and the remainder was personal mileage, George uses the standard maleage rae methodl. Asseme his beusiness miles were driven evenly during the akethall fan. He purchased wo weason tickets for a total of 000,. He takes a customer so ing, and after the every game, and they discuss some buniness before, der- eorge aho takes clients to business lunches Hi log indicates $1.300 on these ness in three days, so he spent the other Ewo days sightseeing. He had the following expenses daring each of the five days of his trip Paul Airfare $200 Lodging 8day Meals $50day axicabs $20ay e could Large sw d been dvisor which is 25% of 's square lowing income and expenses the house's square fookage. The business code is 811490. She had the fol Income from rubber toy boat repairs Cost of supplies Contract labor ation $15,000 5,000 3,500 500 The Lange's home cost a total of $150,000, of which the cost of the land was $20,000 The FMV of the house is $225,000. The house is depreciable over a 39 year recovery period. The Larges incurred the following total other expenses sthe $2,000 4,500 3,500 ility bills for the house Real estate taxes Mortgage interest Cash charitable contributions Prepare Form 1040, Schedules A, C, and SE for Foem 1040, and Foms 2106 and 8829 for the 2012 year. (Assume no depreciation for this problem and that no estimated cases were paid by the Larges.) Employee Expenses and Deferred CompemationEndividuals 9 Johmon rewives a s7.800 neiburement for the travel expenss He dd o oeeive an renlunnientforthenon penses. He uses his permal ????.mobdr30% business use and placed his carvent ausomobile in the year (evenly throughous the vear) amount bo 26,400 and other personal males amount to 4,600 ies Johnsn's AGt is $60,000, and he has Calculate hn's espense deduction using the 2012 Form 2106 Fmployer Business on ctiial automoble expenses and oeher emplovee business espenves h Calculate Johesons expesse deduction for 2012 using the srandand wileage rane mileagr rate method are applicalble ) d sase 2000 Lakeview Drive, Cleveland, O 49001 and want you to prepare their 2012 income esx return hased on the information below $450 George Lange worked as a saleuman for Toyboa,c. He reeived a salary of ssa 58,500 of federal income taxes withheld and $1,800 of state income taxins wihus oyboat of $3,000 to cover his employee batiness and retura any espenses. Geoege must make an adequane accounting to his escess reimbarsement, hone of the reimbursement was related so the meals and enertain ment. Addieionally, Toyboar provides George with medical insurance worth 37,200 e year Ceorge deove his car a total of 24,000 miles daring the yeas, and he placed the car in service on June 1, 2010 His log indicates thae 18,000 miles wese for sales calls to cus omers at the customers ofices and the remainder was personal mileage, George uses the standard maleage rae methodl. Asseme his beusiness miles were driven evenly during the akethall fan. He purchased wo weason tickets for a total of 000,. He takes a customer so ing, and after the every game, and they discuss some buniness before, der- eorge aho takes clients to business lunches Hi log indicates $1.300 on these ness in three days, so he spent the other Ewo days sightseeing. He had the following expenses daring each of the five days of his trip Paul Airfare $200 Lodging 8day Meals $50day axicabs $20ay e could Large sw d been dvisor which is 25% of 's square lowing income and expenses the house's square fookage. The business code is 811490. She had the fol Income from rubber toy boat repairs Cost of supplies Contract labor ation $15,000 5,000 3,500 500 The Lange's home cost a total of $150,000, of which the cost of the land was $20,000 The FMV of the house is $225,000. The house is depreciable over a 39 year recovery period. The Larges incurred the following total other expenses sthe $2,000 4,500 3,500 ility bills for the house Real estate taxes Mortgage interest Cash charitable contributions Prepare Form 1040, Schedules A, C, and SE for Foem 1040, and Foms 2106 and 8829 for the 2012 year. (Assume no depreciation for this problem and that no estimated cases were paid by the Larges.)