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Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the

Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2018:

Gross receipts $ 203,000
Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2018
Van (over 6,000 lbs) placed in service 1/01/18, cost 27,000
Postage (500 )
Wages (26,000 )
Payroll taxes (1,950 )
Supplies (12,500 )
Phone (1,250 )
Internet service (600 )
Rent (2,400 )
Insurance (2,800 )
Van expenses (4,500 )

Business assets Date Purchased Cost
Computer 1 5/18/18 $ 2,200
Computer 2 6/01/18 2,700
Printer 3/01/17 900
Copier 3/02/17 2,100
Furniture 3/01/17 6,000

Determine Cassi’s self-employment income and QBI deduction. Prepare Schedule C and Schedule SE. § 179 expense is elected on all eligible assets (§ 179 was not taken on assets purchased last year). (Use Table 6A-1)
(Input all the values as positive numbers. Use Rounded values for tax computation. Do not round other intermediate computations. Round your final answers to nearest whole dollar.)


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