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! Required information [The following information applies to the questions displayed below.] Rocco operates a beauty salon as a sole proprietorship. Rocco also owns
! 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 $2,538 in self-employment tax on his salon income, with $1,269 representing the employer portion of the self-employment tax. You may also assume that his divorce from Svetlana was finalized in 2016. Interest income Salon sales and revenue Salaries paid to beauticians Beauty salon supplies Alimony paid to his ex-wife, Svetlana $ 12,185 86,960 45,540 23,460 6,300 Rental revenue from apartment building 32,300 Depreciation on apartment building 13,200 Real estate taxes paid on apartment building 11,340 Real estate taxes paid on personal residence. Contributions to charity 6,415 4,435 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 Tax Form to your click "Save." Note: Use 2022 tax rules regardless of year on the form. upload a response file (15MB max) Choose File No file chosen save
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