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So, I am currently working on a Schedule C for said information for an accounting class. I have tried to figure it out, but its

So, I am currently working on a Schedule C for said information for an accounting class. I have tried to figure it out, but its not making much sense to me. Any help would be greatfull. Need a help on figure out were to start.

Jackie had the following earnings on her W-2:

  • Wages: $55,159
  • Federal tax withheld: $7,460
  • Social Security tax withheld: $3,420
  • Medicare tax withheld: $800

Jackie had the following income (as shown on Form 1099) and expenses from her business:

  • Totalself-employmentincome reported on Form 1099 was $23,000 and came from the real estate commissions earned from home sales.

Business Expenses:

Rent

7,200

Travel expenses

2,200

Advertising

2,345

Supplies

955

Office expenses

750

Telephone

720

Internet expense

540

Broker license

75

Legal and professional

1,000

Miscellaneous

150

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