Carlos is self employed During the year, he had the following business income and expenses What is his gross income for the tax year Income $16,050 Cost of goods sold $5,000 Advertising $1,000 Legal and professional fees $280 Office expense $125 Supplies $310 Business license $100 Utilities $420 $8...

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Carlos is self-employed. During the year, he had the following business income and expenses. What is his

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Carlos is self-employed. During the year, he had the following business income and expenses. What is his gross income for the tax year?

Income $16,050
Cost of goods sold $5,000
Advertising $1,000
Legal and professional fees $280
Office expense $125
Supplies $310
Business license $100
Utilities $420

$8,815

$11,050

$13,815

$16,050

Posted Date: May 18, 2024 12:18 PM

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Carlos is self-employed. During the year, he had the following business income and expenses. What is his

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