Question: Jacmine Smith ( SSN 1 2 3 - 4 5 - 6 7 8 9 ) has a home clcaning busincss she runs as a

Jacmine Smith (SSN 123-45-6789) has a home clcaning busincss she runs as a sole
proprictordip. The following are the results from business operations for the tax year 2021 :
Gross Reccipts
Business mileage: 27,000 miles (miles incurrod ratably throughout the year)
35,000 miles total during ycar 2021
Van (over 6,000lbs) placed in service 0101?21, cost $27,000
Wages Eamod froen 2nt job
Supplics
Phocic
Intemet service
Rent
Insurance-business
Van expenses for year
Business Assets
Fumiture
Remember the van listed above.
Determine Jasmine's self-employment income, prepare Schedule C and Schedule SE. $179
expense is elected on all eligible assets ( $179 was not taken on assets purchased last year).
Additional Informarion
Jasmine is single and lives at 1 Main Street, Clinton, SC 29325
She eamod $200 of interest income
She contributed $500 to her church
She made 4-quarterly estimated tax payments of $9,000
She had Federal withholding of $4000
Complete the 1040 for Jasmine
 Jacmine Smith (SSN 123-45-6789) has a home clcaning busincss she runs

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