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I need help please. It says to prepare schedule C and SE. Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a

I need help please. It says to prepare schedule C and SE.


Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2017:

 

 Gross receipts$203,000 Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2017   Van (over 6,000 lbs) placed in service 1/01/17, 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 Date Purchased Cost 

Computer 15/18/17 $2,200 

Computer 26/01/17  2,700 

Printer 3/01/16  900 

Copier 3/02/16  2,100 

Furniture 3/01/16  6,000 

 

Determine Cassi's self-employment income and 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)

(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.)

image text in transcribed Cassi (SSN 41273475670) has a cashebasis home cleaning business she runs as a sole proprietorship. The following are the results frombusiness operations for the tax year 2017: Gross receipts $283,888Business mileage: 27,888 {miles incurred ratably throughout the year) 35,888 miles total during the year 2817 Van (over 6,888 lbs) placed in service 1/81/17, cost 27,888 Postage (588)Wages (26,888)Payroll taxes (1,958)Supplies (12,588)Phone (1,258)Internet service (688)Rent (2,488)Insurance (2,888)Van expenses (4,588)IBusiness assets Date Purchased CostComputer 1 5/18/17 $ 2,288Computer 2 6/8171? 2,788Printer 3f81f16 988Copier- 3f82f16 2, 188Furniture 3f81f16 6,888 Determine Cassi's self—employment income and 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](Input all the values as positive numbers. Use Rounded values for tax computation. Do not round other intermediate panning-inn: Danna-l until» final .Hclllale IA Ina-ran:- Inhale plnllnv'l

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