Use 2020 tax law. Ignore March 2021 legislation. Use 2020 instructions.

Compute his tax due or refund. Be sure to compute his self-employment tax and qualified business income deduction.

Sam is single, under 65, and has no children. He claims a standard deduction. He has his own business:

Consulting Income 150,000

Rent 12,000

Travel 10,000

Country club dues 6,000

Miles are 3,000 driven throughout the year

Meals 4,000

Supplies 3,000

Federal estimated tax payments 20,000