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Please help me out with this income tax assignment. I need to know where to put the information on the schedule C and Schedule SE forms, as well as the Form 4562. Any assistance with helping me out will be greatly appreciated!!!

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 2020: $ 203,000 Gross receipts Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2020 Van (over 6,000 pounds) placed in service 1/01/2020, cost 27,000 Postage Wages Payroll taxes Supplies Phone Internet service Rent Insurance Van expenses (500) (26,000) (1.950) (12,500) (1.250) (600) (2,400) (2.800 (4,500) Business assets Computer 1 Computer 2 Printer Copier Furniture Date Purchased 5/18/20 6/01/20 3/01/19 3/02/19 3/01/19 Cost $2,200 2,700 900 2,100 6,000 Required: Determine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE. S 179 expense is elected on all eligible assets ($ 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. Instructions can be found on certain cells within the forms.) 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 2020: $ 203,000 Gross receipts Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2020 Van (over 6,000 pounds) placed in service 1/01/2020, cost 27,000 Postage Wages Payroll taxes Supplies Phone Internet service Rent Insurance Van expenses (500) (26,000) (1.950) (12,500) (1,250) (600) (2,400) (2.800) (4,500) Business assets Computer 1 Computer 2 Printer Copier Furniture Date Purchased 5/18/20 6/01/20 3/01/19 3/02/19 3/01/19 Cost $ 2,200 2,700 900 2,100 6,000 Required: Determine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE. $ 179 expense is elected on all eligible assets ($ 179 was not taken 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. Instructions can be found on certain cells within the forms.) Schedule C page 1 and Schedule SE page 1 for a single taxpayer. Schedule C QBI Schedule SE Form 4562 P1 Form 4562 P2 Page 1 of Schedule C. Please enter the information of the taxpayer whom this form pertains to. OMB No. 1545- SCHEDULE C (Form 1040) Department of the Treasury Internal Revenue Service (99) Profit or Loss From Business (Sole Proprietorship) Go to www.irs.gov/Schedule for instructions and the latest information. Attach to Form 1040, 1040-SR, 1040-NR, or 1041: partnerships generally must file Form 1065. 2020 Name of proprietor Attachment Sequen Social security n (Enter as XXX-XX A Principal business or profession, including product or service (see Instructions) B Enter code from instructic C Business name. If no separate business name, leave blank. D Employer ID number (EIN) D000 O DO E Business address (including suite or room no.) City, town or post office, state, and ZIP code F Accounting method: (1) Cash (2) Accrual (3) Other (specify) G Did you "materially participate in the operation of this business during 2020? If "No," see instructions for limit on losses Yes H If you or acquired this business during 2020, check here I Did you make any payments in 2020 that would require you to file Form(s) 10997 See instructions Yes JI "Yes," did you or will you file required Form(s) 10997 Yes Part 1 Income 1 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on Form W-2 and the "Statutory employee" box on that form was checked 1 2 Returns and allowances 2 3 Subtract line 2 from line 1 3 4 Cost of goods sold (from line 42) 4 5 Gross profit. Subtract line 4 from line 3 5 6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) 6 7 Gross Income. Add lines 5 and 6 7 Part II Expenses. Enter expenses for business use of your home only on line 30. 8 Advertising 8 18 Office expense (see instructions) 18 9 Car and truck expenses (see 19 Pension and profit-sharing plans 19 Instructions) 9 20 Rent or lease (soe instructions) 10 Commissions and fees 10 a Vehicles, machinery, and equipment 20a 11 Contract labor (see instructions) 11 b Other business property 20b 12 Depletion 12 21 Repairs and maintenance 21 13 Depreciation and section 179 22 Supplies (not included in Part III) 22 expense deduction (not included 23 Taxes and licenses 23 in Part III) (see instructions) 13 24 Travel and meals: 14 Employee benefit programs a Travel 24a (other than on line 19) 14 b Deductible meals 15 Insurance (other than health) 15 (see Instructions) 24b 16 Interest (see instructions): 25 Utilities 25 a Mortgage (paid to banks, etc.) 16a 26 Wages (less employment credits) 26 b Other 16b 27a Other expenses (from line 48) 27a 17 Legal and professional services 17 b Reserved for future use 27b 28 Total expenses before expenses for business use of home. Add lines 8 through 27a 28 29 Tentative profit or loss). Subtract line 28 from line 7. 29 30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless using the simplified method. See instructions. Simplified method filers only: enter the total square footage of (a) your home: and (b) the part of your home used for business: Use the Simplified Method 30 Worksheet in the instructions to figure the amount to enter on line 30 31 Net profit or loss). Subtract line 30 from line 29. If a profit, enter on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040-NR, line 31 13) and on Schedule SE, line 2. (If you checked the box on line 1. see instructions). Estates and trusts, enter on Form 1041, line 3, . If a loss, you must go to line 32 32 If you have a loss, check the box that describes your investment in this activity. See Instructions. 32a All investment is at ris . If you checked 32a, enter the loss on both Schedule 1 (Form 1040), line 3, and on Schedule SE, line 2. (If you checked the box on line 1, see the line 32b Same Investment is 31 instructions). Estates and trusts, enter on Form 1041, line 3. If you checked 32b, you must attach Form 6198. Your loss may be limited. Cat No. 11334P Schedule For Paperwork Reduction Act Notice, see the separate instructions. THIS FORM IS A SIMULATION AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL, 2021 McGraw-Hill Education. Schedule C QBI > Schedule C page 1 and Schedule SE page 1 for a single taxpayer. Schedule C QBI Schedule SE Form 4562 Pi Form 4562 P2 Page 1 of Schedule SE. 2020 SCHEDULE SE OMB No. 1545-0074 (Form 1040) Self-Employment Tax Department of the Treasury Go to www.lrs.gov/ScheduleSE for instructions and the latest Information. Internal Revenue Service (99) Attach to Form 1040, 1040-SR, or 1040-NR. Attachment Sequence No. 17 Name of person with self-employment income (as shown on Form 1040 1040-SR, or 1040-NR) Social security number of person with self-employment income Part 1 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 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 1 Skip lines 1a and 1b if you use the farm optional method in Part II See Instructions, 1a Net farm profit or (loss) from Schedule F. line 34, and farm partnerships, Schedule K-1 (Form 1065), box 14, code A 1a b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F. line 4b, or listed on Schedule K-1 (Form 1065), box 20, code AH 1b 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 2 3 Combine lines 1a, 1b, and 2 3 4a If line 3 is more than zero, multiply line 3 by 92.35% (0.9235). Otherwise, enter amount from line 3 4a 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 4b c Combine lines 4a 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-O- and continue 4c 5a Enter your church employee income from Form W-2. See instructions for definition of church employee income 5a b Multiply line 5a by 92.35% (0.9235). If less than $100. enter-O- 5b 6 Add lines 4c and 5b 6 7 Maximum amount of combined wages and self-employment eamings subject to social security tax or the 6.2% portion of the 7.65% 7 137.700 railroad retirement (tier 1) tax for 2020 Ba Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $137,700 or more, skip lines 8b through 10, and go to line 11 Ba Unreported tips subject to social security tax from Form 4137, line 10 8b c Wages subject to social security tax from Form 8919, line 10 8c d Add lines Ba, 8b, and 8c 8d 0 9 Subtract line 8d from line 7. If zero or less, enter -- here and on line 10 and go to line 11 9 10 Multiply the smaller of line 6 or line 9 by 12.4% (0.124) 10 11 Multiply line 6 by 2.9% (0.029) 11 12 Self-employment tax. Add lines 10 and 11. Enter here and on Schedule 2 (Form 1040), line 4 12 0 13 Deduction for one-half of self-employment tax. Multiply line 12 by 50% (0.50). Enter here and on Schedule 1 (Form 1040), line 14 13 0 Part II Optional Methods To Figure Net Earnings (see instructions) Farm Optional Method. You may use this method only if (a) your gross farm income wasn't more than $8,460, or (b) your net farm profits? were less than $6,107. 14 Maximum income for optional methods 14 5,640 15 Enter the smaller of: two-thirds (2/3) of gross farm Income (not less than zero) or 55,640. Also include this amount on line 4b above 15 Nonfarm Optional Method. You may use this method only if (a) your net nonfarm profits were less than $6,107 and also less than 72.189% of your gross nonfarm income, and (b) you had net earnings from self-employment of at least $400 in 2 of the prior 3 years. Caution: You may use this method no more than five times. 16 Subtract line 15 from line 14 16 17 Enter the smaller of: two-thirds (2/3) of gross nonfarm income (not less than zero) or the amount on line 16. Also include this amount on line 4b above 17 From Sch. F. line 9; and Sch. K-1 (Form 1065), box 14, code B. From Sch. C, line 31; and Sch. K-1 (Form 1065), box 14, code A. 2 From Sch. F. line 34; and Sch. K-1 (Form 1065), box 14, code A-minus the amount you would have entered on line 1b had you not used the optional method. From Sch. C, line 7; and Sch. K-1 (Form 1065), box 14, code C. For Paperwork Reduction Act Notice, see your tax return instructions. Cat, No. 11358Z THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2021 McGraw-Hill Education. Schedule SE (Form 1040) 2020 Form 4562 P1 >