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P lease help me fill out the 1040 Tax Return with any needed Schedules ason R. and Jenni L. Dane are married and live at

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Please help me fill out the 1040 Tax Return with any needed Schedules

ason R. and Jenni L. Dane are married and live at 13071 Sterling Drive. Marquette, MI 49866. Jason is a self-employed insurance claims adjuster (business activity code 524290), and Jenni is the dietitian for the local school district. They choose to file a joint tax return each vear i. Jason represents several national casualty insurance companies on a contract basis He operates this business on the cash basis. He is paid a retainer and receives additional compensation if the claims he processes for the year exceed a specified number. As an independent contractor, he is responsible for whatever expenses he incurs. Jason works out of an office near his home. The office is located at 1202 Moose Road. He shares Suite 326 with a financial consultant, and operating expenses are divided equally between them. The suite has a common waiting room with a receptionist furnished and paid by the landlord. Jason paid his one half share of the 2018 expenses as detailed below Office rent Utilities (includes telephone and fax) Replacement of waiting room furniture on April 22 Renters insurance (covers personal liability, casualty, theft) Office expense (supplies, postage) New Toshiba copier on February Waiting room coffee service (catered) Waiting room magazine subscriptions $11,600 4,300 3,600 1,400 740 300 280 90 For his own business use. Jason purchased a $2,100 laptop computer on June 17 and a $1,200 Nikon camera on February 5. Except for his vehicle (see item 2 below). Jason uses the $ 179 write-off option whenever possible. Jason has no expenditures for which he is required to file Form 1099s 2. On January 2, 2018, Jason paid $31.000 (including sales tax) to purcha ntl used Toyota Camry that he uses 92% of the time for busines involved, and he did not claim any $ 179 expensing. Jason use cost method to compute his tax deduction. He elects to use the balance MACRS depreciation method with a half-year conventi relating to the Camry for 2018 are as follows: Gasoline Auto insurance nterest on car loan Auto club dues Oil changes and lubrication License and registration rac s the actual operating on. His expens 53,500 1,700 820 325 210 190 in connection with his business use of the Camry. Jason paid $510 for tolls and 5350 in fines for traffic violations. In 2018, Jason drove the Camry 14.532 miles for business and 1,248 miles for personal use (which includes his daily, round-trip commute to work). 3. Jason handles most claim applications locally, but on occasion lhe must travel out of town. Expenses in connection with these business trips during 2018 were $930 for lodging and S1,140 for meals. He also paid $610 for business dinners he had with several visiting executives of insurance companies with whom he does business Jason's other business-related expenses for 2018 are listed below on tribution to H.R. 10(Keogh) retirement plan Premiums on medical insurance covering self and family (spouse and children) Premiums on disability insurance policy $8,000 4,600 (pays for loss of income in the event Jason is disabled and cannot work) State and local occupation fee Birthday gift for receptionist 450 28 $25 box of Godliva chocolates plus $3 for gift wrap) ason R. and Jenni L. Dane are married and live at 13071 Sterling Drive. Marquette, MI 49866. Jason is a self-employed insurance claims adjuster (business activity code 524290), and Jenni is the dietitian for the local school district. They choose to file a joint tax return each vear i. Jason represents several national casualty insurance companies on a contract basis He operates this business on the cash basis. He is paid a retainer and receives additional compensation if the claims he processes for the year exceed a specified number. As an independent contractor, he is responsible for whatever expenses he incurs. Jason works out of an office near his home. The office is located at 1202 Moose Road. He shares Suite 326 with a financial consultant, and operating expenses are divided equally between them. The suite has a common waiting room with a receptionist furnished and paid by the landlord. Jason paid his one half share of the 2018 expenses as detailed below Office rent Utilities (includes telephone and fax) Replacement of waiting room furniture on April 22 Renters insurance (covers personal liability, casualty, theft) Office expense (supplies, postage) New Toshiba copier on February Waiting room coffee service (catered) Waiting room magazine subscriptions $11,600 4,300 3,600 1,400 740 300 280 90 For his own business use. Jason purchased a $2,100 laptop computer on June 17 and a $1,200 Nikon camera on February 5. Except for his vehicle (see item 2 below). Jason uses the $ 179 write-off option whenever possible. Jason has no expenditures for which he is required to file Form 1099s 2. On January 2, 2018, Jason paid $31.000 (including sales tax) to purcha ntl used Toyota Camry that he uses 92% of the time for busines involved, and he did not claim any $ 179 expensing. Jason use cost method to compute his tax deduction. He elects to use the balance MACRS depreciation method with a half-year conventi relating to the Camry for 2018 are as follows: Gasoline Auto insurance nterest on car loan Auto club dues Oil changes and lubrication License and registration rac s the actual operating on. His expens 53,500 1,700 820 325 210 190 in connection with his business use of the Camry. Jason paid $510 for tolls and 5350 in fines for traffic violations. In 2018, Jason drove the Camry 14.532 miles for business and 1,248 miles for personal use (which includes his daily, round-trip commute to work). 3. Jason handles most claim applications locally, but on occasion lhe must travel out of town. Expenses in connection with these business trips during 2018 were $930 for lodging and S1,140 for meals. He also paid $610 for business dinners he had with several visiting executives of insurance companies with whom he does business Jason's other business-related expenses for 2018 are listed below on tribution to H.R. 10(Keogh) retirement plan Premiums on medical insurance covering self and family (spouse and children) Premiums on disability insurance policy $8,000 4,600 (pays for loss of income in the event Jason is disabled and cannot work) State and local occupation fee Birthday gift for receptionist 450 28 $25 box of Godliva chocolates plus $3 for gift wrap)

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