in tney licensed CPA, opened an office in 2017 as a sole practitioner engaged in the practice of public accountancy Dav . David reports on the cash basis and has adopted the calendar year business and personal matters that can be included in income and as deductions. for income tax reporting purposes. David has many items for both For each of David's transactions, select from the choices below the appropriate tax treatment. Each choice may be used once, more than once, or not at all. NOT TAXABLE DEDUCTIBLE ON PAGE 1 OF FORM 1040 TO ARRIVE AT ADJUSTEMD GROSS INCOME DEDUCTIBLE IN FULL ON SCH, A-ITEMIZED DEDUCTIONS, 100% DEDUCTIBLE Deductible in Schedule A-subject to threshold of 10% of AGI Deductible in Schedule A-subject to threshold of 10% of AGI ($100 threshold) Deductible in Schedule B-Interest and Dividend Income Deductible on Schedule C-Profti or Loss From Business Deductible on Schedule D-Capital Gains or Losses Deductible on Schedule E - Supplemental Income and Loss Deductible on Form 4797-Sale of Business Property Claimed on Form 1116- For. Tax Credit of Sch A Itemized Deduction Based on Self-employment income Based on net earnings from self-eemployment Not Deductible Taxable a interest incomeon Schedule B-Interest and Dividend Income Taxable as other income on page 1 of Form 1040