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l need just form 8960 Chiristine is an optometrist and operates her own practice (TThe Eyes of March) in town as a sole proprietor. The

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l need just form 8960
Chiristine is an optometrist and operates her own practice (TThe Eyes of March) in town as a sole proprietor. The shop address is 1030 Morgan Highway, Clarks Summit, PA 18411 and the business code is 621320, Christine keeps her books on the accrual basis and her bookkeeper provide the following information: Gross sales $270,000 Returns 9,000 Inventory: Beginning inventory $24,000 Purchases 120,000 Ending inventory 30,000 Rent 24,000 Insurance 11,000 Professional fees 3,000 Payroll 37,000 Payroll taxes 2,800 Utilities 4.000 Office expenses 2,000 Depreciation 5,000 The McCarthys have a nanny/housekeeper they paid $12,000 during 2018. They did not withhold income or FICA taxes. The McCarthys paid Pennsylvania state unemployment tax of $378 (based on the first $7,000 of wages) in 2018. Christine received a 2018 Form 1099-INT from the National Bank of Scranton that listed interest inconme of $23,400. Note that McCarthys reasonably allocate $1,278 to state income tax expense for purposes of the Net Investment Income tax The McCarthys paid the following in 2018: $15,600 Home mortgage interest 5,600 Property taxes 3,000 Estimated state income tax payments 11,000 Estimated Federal income tax payments 7,600 Charitable contributions (all cash) Chiristine is an optometrist and operates her own practice (TThe Eyes of March) in town as a sole proprietor. The shop address is 1030 Morgan Highway, Clarks Summit, PA 18411 and the business code is 621320, Christine keeps her books on the accrual basis and her bookkeeper provide the following information: Gross sales $270,000 Returns 9,000 Inventory: Beginning inventory $24,000 Purchases 120,000 Ending inventory 30,000 Rent 24,000 Insurance 11,000 Professional fees 3,000 Payroll 37,000 Payroll taxes 2,800 Utilities 4.000 Office expenses 2,000 Depreciation 5,000 The McCarthys have a nanny/housekeeper they paid $12,000 during 2018. They did not withhold income or FICA taxes. The McCarthys paid Pennsylvania state unemployment tax of $378 (based on the first $7,000 of wages) in 2018. Christine received a 2018 Form 1099-INT from the National Bank of Scranton that listed interest inconme of $23,400. Note that McCarthys reasonably allocate $1,278 to state income tax expense for purposes of the Net Investment Income tax The McCarthys paid the following in 2018: $15,600 Home mortgage interest 5,600 Property taxes 3,000 Estimated state income tax payments 11,000 Estimated Federal income tax payments 7,600 Charitable contributions (all cash)

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