Shelly Beaman (social security number 412-34-5670) is single and resides at 540 Front Street, Ashland, NC 27898.

Shelly's W-2 wages - $55,800

Federal withholding - 7,044

Social security wages - 55,800

Social security withholding - 3,460

Medicare withholding - 809

State withholding -3,348

1099-INT New Bank - 532

1099-DIV XYZ, Inc.

Ordinary dividends - 258

Qualified dividends - 258

Shelly had the following itemized deductions:

State income tax withholding (from W-2) - $3,348

State income tax paid with 2018 return - 600

Real estate tax - 4,200

Mortgage interest - 11,800

Charitable contributions - 2,500

Shelly also started her own home design consulting business in March 2019 (Business code, 238990, Cash basis). The results of her business operations for 2017 follow:

Gross receipts from clients - $154,000

Vehicle mileage (Enter business miles 21,000)

21,000 business miles (2,100 per month)

32,000 total miles during the year

2011 Chevy Suburban

Placed in service 03/01/2019

*Ignore the parentheses*

Postage - (750)

Office supplies - (1,500)

State license fees - (155)

Supplies - (5,300)

Professional fees - (2,500)

Design software - (1,000)

Professional education programs (registration) - (550)

Travel to education program

• Airplane - (350)
• Lodging $119/night 3 nights
• Meals per diem 3 days - $55

Business Assets / Date / Purchased Cost

• Laptop 6/08/2019 - $2,500
• Computer 3/05/2019 - $5,700
• Printer 3/01/2019 - $1,800
• Copier 6/02/2019 - $1,700
• Furniture 4/01/2019 - $5,000
• Building 3/01/2019 - $175,000
• Phone (600)
• Internet service (450)
• Rent (8,300)
• Insurance (1,700)

Shelly made a $29,000 estimated tax payment on September 15, 2019.

Prepare Shelly' s Form 1040 for 2019 including all appropriate schedules. Schedule A, Schedule C, Form 4562, and Schedule SE are required. Section 179 is elected on all eligible assets in 2019. She wants to contribute to the presidential election campaign and does not want anyone to be a third-party designee. For any missing information, make reasonable assumptions. (List the names of the taxpayers and any income they receive in the order in which they appear in the problem. Input all the values as positive numbers unless otherwise stated in the forms. Instructions can be found on certain cells within the forms. Round your intermediate computations and your final answers to the nearest whole dollar amount. Do not skip rows while entering in Other Expenses section of Schedule C and in Section B of Part III Form 4562.) Use the appropriate EIC Tables (6A-6, 6A-7 or 6A-8). Use the appropriate Tax Tables and Tax Rate Schedules.