Noah and Joan Arc live with their family in Dayton, OH, Noah's Social Security number is 434-11-3311. Noah was born on February 22, 19 Joan was born on July 1, 1985. Both enjoy good health and eyesight. Noah owns and operates a pet store and Joan is a firefighter for the cu Dayton 1. The Ares have twa children, a son named Bille Bob (Social Security number 598-01-2345), born on March 21, 2012, and a daughter nama Sue (Social Security number 554-33-2411), bom on December 3, 2015. They received a statement from Roundup Day Care Center (located separate tab) regarding the cost of child care provided for Mary Sue 2. Joan and Noah brought a folder of tax documents (see Forms W-2 and 1096). In addition, they received a Substitute 1099 Statement from Charlotte Squab Financial Services (located on a separate tob) regarding their stock transactions for the year. 3. Noah's pet store is located at 1415 S. Patterson Blvd, Dayton, OH 45409. The name of the store is The Arc" and its taxpayer Identification number is 95-9676556. Since you hande Noah's bookkeeping, you have printed the income statement from your Quickbooks software shown in the table below The Ar The Arc 95-9876556 Income Statement For the Year Ended December 31, 2019 Revenue: Gross Sales $143,245.00 Less: Sales Returns and Allowances 0.00 Net Sales $143,245.00 Cost of Goods Sold: Beginning Inventory Add: Purchases $10,204.00 62,111.00 572,315.00 9,987.00 Less: Ending Inventory Cost of Goods Sold Gross Profit (Loss) Expenses 62,328,00 580,917.00 $0.00 8,000.00 4,000.00 780.00 Dues and Subscriptions Estimated Federal Tax Payments Estimated State Tax Payments Insurance Meals and Entertainment Miscellaneous Payroll Taxes Professional Fees 1,338.00 0.00 3,840.00 1,700.00 Rent 8,400.00 Travel 1,231.00 1,254.00 Utilities 0.00 Vehicle Expenses Wages Total Expenses Net Operating Income 25,113.00 55,656,00 $25,261.00 4. Detail of The Arc's meals and entertainment: $400 Meals associated with business travel 60 Overtime meals for employees Sports tickets for entertaining large customers 878 $1,338 5. Travel costs are business related and do not include meals. 6. Noah and Joan paid the following amounts during the year (all by check): $250 5,025 Political contributions Church donations (for which a written acknowledgment was received) Real estate taxes on their home Medical co-pays for doctor visits Mortgage Interest for purchase of home (See Form 1098) Tax return preparation fees Credit Card Interest 2,375 700 350 220 600 Automobile insurance premiums Uniforms for Joan Contribution to Noah's Individual retirement account (made on April 1, 2020 125 6,000 City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see Instructions) Dayton, OH 45402 Foreign country name Foreign province/state/county Foreign postal code Standard Deduction Someone can claim: You: Age/Blindness Spouse: Form 1040 Someone can claim: duction You: e/Blindness Spouse: endents (see Instructions): (2) Social security number (3) Relationship to you (4) vir qualifies for (see Instructions): Child tax credit Credit for other dependents First name Last name Billie Bob Arc 598-01-2345 Son Mary Sue Arc 554-33-2411 Daughter . 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 2a Tax-exempt interest.. 2a 2b 3a Qualified dividends... 3a b Taxable interest. Attach Sch. B If required b Ordinary dividends. Attach Sch. B if required b Taxable amount......... d Taxable amount ........ 3b sa 4b 4a IRA distributions c Pensions and annuities 5a Social security benefits 4c 4d Sa b Taxable amount.... 5b 6 Capital gain or loss). Attach Schedule D if required. If not required, check here 6 Noah and Joan Arc live with their family in Dayton, OH, Noah's Social Security number is 434-11-3311. Noah was born on February 22, 19 Joan was born on July 1, 1985. Both enjoy good health and eyesight. Noah owns and operates a pet store and Joan is a firefighter for the cu Dayton 1. The Ares have twa children, a son named Bille Bob (Social Security number 598-01-2345), born on March 21, 2012, and a daughter nama Sue (Social Security number 554-33-2411), bom on December 3, 2015. They received a statement from Roundup Day Care Center (located separate tab) regarding the cost of child care provided for Mary Sue 2. Joan and Noah brought a folder of tax documents (see Forms W-2 and 1096). In addition, they received a Substitute 1099 Statement from Charlotte Squab Financial Services (located on a separate tob) regarding their stock transactions for the year. 3. Noah's pet store is located at 1415 S. Patterson Blvd, Dayton, OH 45409. The name of the store is The Arc" and its taxpayer Identification number is 95-9676556. Since you hande Noah's bookkeeping, you have printed the income statement from your Quickbooks software shown in the table below The Ar The Arc 95-9876556 Income Statement For the Year Ended December 31, 2019 Revenue: Gross Sales $143,245.00 Less: Sales Returns and Allowances 0.00 Net Sales $143,245.00 Cost of Goods Sold: Beginning Inventory Add: Purchases $10,204.00 62,111.00 572,315.00 9,987.00 Less: Ending Inventory Cost of Goods Sold Gross Profit (Loss) Expenses 62,328,00 580,917.00 $0.00 8,000.00 4,000.00 780.00 Dues and Subscriptions Estimated Federal Tax Payments Estimated State Tax Payments Insurance Meals and Entertainment Miscellaneous Payroll Taxes Professional Fees 1,338.00 0.00 3,840.00 1,700.00 Rent 8,400.00 Travel 1,231.00 1,254.00 Utilities 0.00 Vehicle Expenses Wages Total Expenses Net Operating Income 25,113.00 55,656,00 $25,261.00 4. Detail of The Arc's meals and entertainment: $400 Meals associated with business travel 60 Overtime meals for employees Sports tickets for entertaining large customers 878 $1,338 5. Travel costs are business related and do not include meals. 6. Noah and Joan paid the following amounts during the year (all by check): $250 5,025 Political contributions Church donations (for which a written acknowledgment was received) Real estate taxes on their home Medical co-pays for doctor visits Mortgage Interest for purchase of home (See Form 1098) Tax return preparation fees Credit Card Interest 2,375 700 350 220 600 Automobile insurance premiums Uniforms for Joan Contribution to Noah's Individual retirement account (made on April 1, 2020 125 6,000 City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see Instructions) Dayton, OH 45402 Foreign country name Foreign province/state/county Foreign postal code Standard Deduction Someone can claim: You: Age/Blindness Spouse: Form 1040 Someone can claim: duction You: e/Blindness Spouse: endents (see Instructions): (2) Social security number (3) Relationship to you (4) vir qualifies for (see Instructions): Child tax credit Credit for other dependents First name Last name Billie Bob Arc 598-01-2345 Son Mary Sue Arc 554-33-2411 Daughter . 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 2a Tax-exempt interest.. 2a 2b 3a Qualified dividends... 3a b Taxable interest. Attach Sch. B If required b Ordinary dividends. Attach Sch. B if required b Taxable amount......... d Taxable amount ........ 3b sa 4b 4a IRA distributions c Pensions and annuities 5a Social security benefits 4c 4d Sa b Taxable amount.... 5b 6 Capital gain or loss). Attach Schedule D if required. If not required, check here 6