Question: Cassi ( SSN 4 1 2 - 3 4 - 5 6 7 0 ) has a home business she runs as a sole proprietorship.
Cassi SSN has a home business she runs as a sole proprietorship. The following are the results from business operations for the tax year : Business mileage: miles incurred ratably throughout the year miles total during the year Van over pounds placed in service cost Required: Determine Cassi's selfemployment income and QBI deduction. Prepare Schedule C and Schedule SE expense is elected on all eligible assets was not taken on assets purchased last year Assume that Casi follows the cash basis of accounting. Use Table What is the Qualified Business Income deduction QBI $
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