Question

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 2018:

Gross receipts$203,000Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2018Van (over 6,000 lbs) placed in service 1/01/18, cost 27,000Postage(500)Wages(26,000)Payroll taxes(1,950)Supplies(12,500)Phone(1,250)Internet service(600)Rent(2,400)Insurance(2,800)Van expenses(4,500)

Business assetsDate PurchasedCost

Computer 15/18/18$2,200

Computer 26/01/182,700

Printer3/01/17900

Copier3/02/172,100

Furniture3/01/176,000

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 on assets purchased last year).(UseTable 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.)

Schedule C page 1 and Schedule SE page 2 for a single taxpayer with no dependents.

• Schedule C
• QBI
• Schedule SE
• Form 4562 P1
• Form 4562 P2