Schedule C data Robert works as a cost accountant. He also works nights and weekends preparing tax returns for some regular clients. He does not have a regular office in his home, so he does not take a deduction for a home office. However, he prepares Schedule C to reflect the income from his tax practice. Robert has asked you to review his Schedule C to determine whether he is properly reporting the operating expenses of his business in relation to other aspects of his tax return. His Gross receipts are $10,200. Robert has included the following expenses on Schedule C. Robert has included the following expenses on Schedule C. Supplies and postage $ 72 Professional dues paid to AICPA tax division 120 Professional dues to the Institute of Management Accountants (IMA) 175 Meals ($80) and entertainment ($120) of tax clients200 Automobile expenses for tax clients (using the standard mileage rate)110 Contribution to New York State Societys Political Action Committee100 CPE course fees to meet the annual requirements to be a member of the AICPA and the New York State society of CPAs600 Cost of new printer for use with tax clients (shown as a repair)650 Interest paid on bank loan used to buy computer for tax and personal use (used for tax clients 60% of the time during the tax year) 400