Comprehensive Problem One

Noah and Joan Arc's Tax Return

Noah and Joan Arc live with their family in Dayton, OH$.$ Noah's Social Security number is $434-$

$11-3311.$ Noah was born on February $22,1988,$ and Joan was born on July $1,1989.$ Both enjoy

good health and eyesight. Noah owns and operates a pet store, and Joan is a firefighter for the

city of Dayton.

The Arcs have two children, a son named Shem $($Social Security number $598-01-2345),$

born on March $21,2016,$ and a daughter named Nora $($Social Security number $554-33-$

$2411),$ born on December $3,2019.$

Joan and Noah brought a folder of tax documents located on Pages D$-3$ to D$-5.$

Noah's pet store is located at $1415$ S $.$ Patterson Blvd$,$ Dayton, OH $45409.$ The name of the

store is "The Arc" and its taxpayer identification number is $95-9876556.$ Since you handle

Noah's bookkeeping, you have printed the income statement from your Quickbooks

software, shown on Page D$-5.$

Details of The Arc's meals and entertainment:

Travel costs are business related and do not include meals. Miscellaneous expense is a

$$300$ contribution to Re$-$elect Goldie Wilson, Mayor of Dayton.

Noah and Joan paid the following amounts during the year:

find schedule c line $24$b $($ Deductible meals $)$