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Please complete it on the 1040 irs form Required information [The following information applies to the questions displayed below] Rocco operates a beauty salon as
Please complete it on the 1040 irs form
Required information [The following information applies to the questions displayed below] Rocco operates a beauty salon as a sole proprietorship. Rocco also owns and rents an apartment building in 2022 , Rocco had the following income and expenses. You may assume that Rocco will owe $2,502 in self-employment tax on his salon income, with $1,251 representing the employer portion of the self-employment tax. You may also assume that his divorce from Svetlana was finalized in 2016. a. Determine Rocco's AGI. Note: Amounts to be deducted should be indirntad hu a minuse elian b-1. Complete Schedule 1 of Form 1040 for Rocco. b-2. Complete page 1 (through line 11) of Form 1040 for Rocco. Visit the IRS website and download Form 1040. Enter the required values in the appropriate fields. Save your completed Tox Form to your computer and then upload it here by clicking "Browse." Next, click "Save." Note: Use 2022 tax rules regardless of yes on the form Step by Step Solution
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