Question: D21. 6-2 Activity: Chapter 6 CONNI X M Question 5 - 6-2 Activity: Cha; X *Course Hero X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252 snhu portal Home - >
D21. 6-2 Activity: Chapter 6 CONNI X M Question 5 - 6-2 Activity: Cha; X *Course Hero X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252 snhu portal Home - > Students . Mail - Mejia, Casa... D2L classes brigth spa... Sophia :: Welcome M Connect Purchase 6-2 Activity: Chapter 6 CONNECT Homework i Saved 5 In 2021, Landon has self-employment earnings of $204,000. Required: 5 Compute Landon's self-employment tax liability and the allowable income tax deduction of the self-employment tax paid. points Note: Round your intermediate computations and final answers to the nearest whole dollar value. Skipped Amounts Total self-employment tax liability eBook Self-employment tax deduction Print References Mc Graw Students . Mail - Mejia, Casa... D21 classes brigth spa... Sophia : Welcome M Connect Purchase 6-2 Activity: Chapter 6 CONNECT Homework i Saved He 3 Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses: 5 Airfare $ 500 points Lodging 3, 000 Meals 750 Entertainment of clients 600 432 eBook Required: Print How much of these expenses can Jordan deduct? Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar value. References Deduction Mc Graw Hill APR 2 A 3 . -M Question 4 - 6-2 Activity: Char X 2 * Course Hero ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware hu portal Home -> Students . Mail - Mejia, Casa... D21 classes brigth spa... Sophia :: Welcome M Connect Purchase 6-2 Activity: Chapter 6 CONNECT Homework i Saved Help 4 In 2019, Jessica bought a new heavy truck for $38,000 to use 80% for her sole proprietorship. Total miles driven include 8,600 in 2019, 9,600 in 2020, and 9,100 in 2021. (Use Table 6A-1) 5 Required: points a. If Jessica uses the standard mileage method, how much may she deduct on her 2021 tax return (miles were incurred ratably throughout the year)? Skipped b. What is the deduction for 2021 assuming the actual method was used from the beginning? Calculate depreciation only; the truck is not limited by the luxury auto rules. Also, assume $179 was not elected in the year of purchase. eBook Note: For all requirements, do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Print Deduction References a b Mc Graw Hill APR 2 C
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