Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Roberta is a self-employed tax preparer. She grossed $90,000 in 2022 and incurred the following expenses: - Tax prep software $2,000 - Supplies $1,500 -
Roberta is a self-employed tax preparer. She grossed $90,000 in 2022 and incurred the following expenses: - Tax prep software $2,000 - Supplies $1,500 - Continuing Ed $500 - Professional Pubs $300 - Business mail box $200 - Daily coffee $1,200 (From her favorite coffee shop) - Paid her brother's tuition at Husker State University- $5,000 - Business miles JUL to DEC 2022-3,000 What is Roberta's Net Income on her Schedule C? $70,000 $83,765 $84,960 $83,775 $83,625
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started