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With Emphasis on Schedule C Christian Everland (SS# 412-34-5670) is single and resides at 3554 Arrival Road, Apt. 6E, Buckhead, GA 30625. Last year
With Emphasis on Schedule C Christian Everland (SS# 412-34-5670) is single and resides at 3554 Arrival Road, Apt. 6E, Buckhead, GA 30625. Last year Christian started his own landscaping business. He now has two employees and had the following business results in 2021: Page B-4 Revenue Expenses Wages Payroll taxes Fuel Repairs Assets Truck, used 100% for business. Original cost of $22,000. Purchased on 03/01/21. Mower #1. Original cost of $4,500. Purchased new on 01/05/21. Mower #2. Leased for $200 per month for all of 2021. Other business equipment. Original cost of $4,000. Purchased new on 01/05/21. Section 179 depreciation is elected for all assets. $73,500 Christian has no other income, does not itemize, and has no dependents. He paid four quarterly federal tax estimates of $750 each. Required $12,500 956 3,500 2,345 Prepare Christian's Form 1040 and other appropriate forms and schedules. He wants to contribute to the presidential election campaign and does not want anyone to be a third-party designee. Christian had qualifying health care coverage at all times during the tax year. For
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