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Tax Return Problem # 1 Cassi ( SSN 412 - 34 - 5670 ) has a home cleaning business she runs as a sole proprietorship

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Tax Return Problem # 1 Cassi ( SSN 412 - 34 - 5670 ) has a home cleaning business she runs as a sole proprietorship . The following are the results from business operations for the tax year 2011 :` Gross Receipt $ 203, 000 Business mileage : 27, 000 miles ( miles incurred ratably throughout the year )* 35,000 miles total during year 2011 Van ( over 5 , 000 lbs ) placed in Service D1 / 01 / 11 , Cost 27 , 000 Postage ( 50 0 ) Wages ( 26,000 ) Payroll taxes ( 1 , 950 ) Supplies ( 12 , 50.0 ) Phone ( 1 , 250) Internet service ( 600 ) Rent ( 2, 40 0 ) Insurance* ( 2, 8:010 ) Van Expenses ( 4, 50.01 Business ASSETS Jate Purchased Cost Computer 1 5 /18 / 1 1 $ 2, 200 Computer ? 5/01/1 1 2, 700 Printer 3/01/10 900 5 - 25

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