Gladius Graham (SSN: 123-45-6789) owns a roller-skating rink as a sole proprietor in Aurora, IL named Roll

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Gladius Graham (SSN: 123-45-6789) owns a roller-skating rink as a sole proprietor in Aurora, IL named Roll with Me. She has provided the following information for the current tax year: image text in transcribed

Complete Schedule C with the information provided.

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Fundamentals Of Taxation For Individuals A Practical Approach 2024

ISBN: 9781119744191

1st Edition

Authors: Gregory A Carnes, Suzanne Youngberg

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Question Posted: Apr 17, 2024 09:00 AM

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Gladius Graham (SSN: 123-45-6789) owns a roller-skating rink as a sole proprietor in Aurora, IL named Roll

Question:

Gross receipts $98,000 Rent expense $18,000 Wages paid $24,000 Utilities Insurance $12,000 $ 800 Office expense Accounting fees $ 500 $ 350

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The 2022 Schedule C ...View the full answer

Fundamentals Of Taxation For Individuals A Practical Approach 2024

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