Need help on part B $!!!$ Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During $2022,$ his business recorded the following

items of income and expense:

Required:

a$.$ Compute taxable income attributable to the sole proprietorship by completing Schedule C to be included in Keiji's $2022$ Form $1040.$

b$.$ Compute self$-$employment tax payable on the earnings of Keiji's sole proprietorship by completing a $2022$ Schedule SE$,$ Form $1040.$

c$.$ Assume that Keiji's business is not a service business, and that it has $$155,000$ unadjusted basis in tangible depreciable property.

Calculate Keiji's $2022$ QBI deduction, before any overall taxable income limitation$.$

Complete this question by entering your answers in the tabs below.

Schedule C

Part a

Schedule SE

Part b

Part c

Compute self$-$employment tax payable on the earnings of Keiji's sole proprietorship by completing a $2022$ Schedule SE$,$ Form $1040.$

Note: Round your intermediate computations and final answers to the nearest whole dollar value. Input all the values as positive numbers.

SCHEDULE SE

$($Form $1040)$

Department of the Treasury

Internal Revenue Service

Self$-$Employment Tax

Go to

www$.$irs.gov$/$ScheduleSE for instructions and the latest information.

Attach to Form $1040,1040-$SR$,$ or $1040-$NR$.$

OMB No$.1545-0074$

$2022$

Attachment Sequence No$.17$

Name of person with self$-$employment income $($as shown on Form $1040,1040-$SR$,$ or $1040-$NR$)$

Keiji Jones

with self$-$employment income

Part I Self$-$Employment Tax

Note: If your only income subject to self$-$employment tax is church employee income, see instructions for how to report your income and the definition of church employee

income.

A If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form $4361,$ but you had $$400$ or

more of other net earnings from self$-$employment, check here and continue with Part I

Skip lines $1$a and $1b$ if you use the farm optional method in Part II$.$ See instructions.

$1$a Net farm profit or $($loss$)$ from Schedule F$,$ line $34,$ and farm partnerships, Schedule K$-1($Form $1065),$ box $14,$ code A

b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments

included on Schedule F$,$ line $4$b$,$ or listed on Schedule K$-1($Form $1065),$ box $20,$ code AH

Skip line $2$ if you use the nonfarm optional method in Part II$.$ See instructions.

$2$ Net profit or $($loss$)$ from Schedule C$,$ line $31$; and Schedule K$-1($Form $1065),$ box $14,$ code A $($other than farming$).$

See instructions for other income to report or if you are a minister or member of a religious order

$3$ Combine lines $1a,1b,$ and $2$

$4a$ If line $3$ is more than zero, multiply line $3$ by $92\mathrm{.}35\%(0\mathrm{.}9235).$ Otherwise, enter amount from line $3$

Note: If line $4a$ is less than $$400$ due to Conservation Reserve Program payments on line $1b,$ see instructions.

b If you elect one or both of the optional methods, enter the total of lines $15$ and $17$ here

c Combine lines $4$a and $4b.$ If less than $$400,$ stop; you don't owe self$-$employment tax. Exception: If less than $$400$ and you had

church employee income, enter $-0-$ and continue

$5$a Enter your church employee income from Form W$-2.$ See instructions for definition of

church employee income