Question: NAME Tax Return Practice Assignment SCORE Cynthia (your last name) is an electrician, age 29, and single. Cynthia began a cleaning service business in

NAME Tax Return Practice Assignment SCORE Cynthia (your last name) is an

NAME Tax Return Practice Assignment SCORE Cynthia (your last name) is an electrician, age 29, and single. Cynthia began a cleaning service business in 2020 and was paid on Form 1099-NEC for 2022. She also received additional cash receipts of $400 not reported on the Form 1099-NEC. Cynthia uses the cash method of accounting and the business code is 561720. Cynthia has receipts for the following expenses related to her cleaning service: O Cleaning supplies $350 Business cards $225 Mop, broom, vacuum $450 Work gloves $150 O Lunches $125 $175 O Jeans & t-shirts Cynthia keeps a detailed mileage log: O O 0 Mileage from home to first client's home and mileage from last client to home totals 750 miles On days with multiple clients, the additional mileage traveling between clients totals 450 miles The total mileage on her vehicle for the year was 11,200 miles with 10,000 being personal miles. Her only vehicle is a pick-up truck and was placed in service on 3/15/2020. She will take the standard mileage rate. Cynthia is working towards her MBA degree. Cynthia received her father's last pension payment due to his death. Cynthia has investment income and a consolidated broker's statement. (Disregard 2021 on statements and assume for 2022) All of her tax forms are attached. Be sure to check the back of all pages as to not miss any important information or forms. Instructions Complete the tax return and submit by the end of class.

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