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Tax Problem 2 Fill-in the Forms ?1. [L0 ._4] Go to the IRS website {wunvjrsgov} and pn' nt Schedule 0: Profit or Loss for Business

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Tax Problem 2 Fill-in the Forms ?1. [L0 ._4] Go to the IRS website {wunvjrsgov} and pn' nt Schedule 0: Profit or Loss for Business (Sole Proprietorship). Usel the following information to complete this form. Use 2019 form. htt 5: wwwjrs. ov uh irs df flit-405:. df Carl Clear is the sole proprietor of Clear Technical Consulting. In a typical week, Carl spent much of his time on the road meeting with prospective clients. He also frequently took current and potential clients to lunch to discuss business. Carl purchased his car on January 1, 2017. Carl's wife has her own automobile used for most of their personal driving. Carl uses the standard mileage rate for his automobile expenses. He keeps a written log of his mileage that shows he drove a total of 30,000 miles during the year of which 24,000 {2,000 miles per month) were for business. His records also show that he spent $300 for business parking and tolls, $3,300 for business meals, $1,20010r business entertainment, and $1,100 for hotel expenses while traveling away from home on business. He spent $5,000 for supplies used in his business and $1,100 for advertising. He used 500 square feet of his 2,400 square foot home for his office and he wants to use the simplified method for computing his home office expenses. He had $26,000 of gross receipts. His address is 1234 Hayward Avenue, San Jose, CA. His SSN is 15353-9375 He did not make any payment that would require filing Form 1099. Only Complete Schedule C {not the 1040 or any other tax forms)

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