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Taxpayer's information 2 0 2 3 Billy Bob is 3 0 year's old and single. He is employed as a manager at a Garden Center.
Taxpayer's information
Billy Bob is year's old and single. He is employed as a manager at a Garden Center. He also has a landscaping business.
Income earned during
Income received on a W from Garden Center Inc
Interest income on personal checking account from BOA
Landscaping business receipts taxpayer is a sole proprietor
From form NECs
Expenses and deductions incurred during
Federal Payroll taxes withheld on
State Income tax withheld on W
Equipment rental for Landscaping business
Lidscape business supplies
Business mileage federal rate
Advertising
Donations all paid with cash and the taxpayer has receipts
Clothing donation Fair Market Value
Office expense for the business
Subscriptions to landscaping magazine
Telephone & Internet for business
Travel business related
Home mortgage interest received on form
Real Estate property taxes paid on home
Using the information provided above, please calculate the following insert rows if needed
a Please list and calculate the itemized deductions
b calculate the taxpayers income from selfemployment
c calculate the taxpayers taxable income
d Calculate the taxpayers selfemployment tax.
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