PLEASE HELP ME TO FILL OUT THE FORMS:

Cassi $($SSN $412-34-5670)$ has a home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year $2023$:

Gross receipts $ $203,000$

Business mileage: $27,000($miles incurred ratably throughout the year$)35,000$ miles total during the year $2023$

Van $($over $6,000$ pounds$)$ placed in service $1/01/2023,$ 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 $15/18/23$ $ $2,200$

Computer $26/01/232,700$

Printer $3/01/22900$

Copier $3/02/222,100$

Furniture $3/01/226,000$

Required:

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 $6$A$-1.)$

Note: Input all the values as positive n

Note: If your only income subjoct to selt$-$amployment tax is church employee income, see instructions for how to report your income

and the definition of church employes income.

A If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form $4361,$ but you had

$$400$ or more of other net earnings from self$-$employment, check here and continue with Part I

Skop lines $1$a and $1$b if you use the farm optional method in Part II$.$ See instructions.

$1$a Net farm profit or $($loss$)$ from Schedule F$,$ line $34,$ and farm partnerships, Schedule K$-1($Form $1065),$

box $14,$ code A$.$

b If you recelved social security retirememt or dasabily benefts, enter the amount of Conservation Reserve

Program payments included on Schedula F$,$ line $4$b$,$ or listed on Schedule K$-1($Form $1065),$ box $20,$ code AQ

Shop line $2$ if you use the nonfarm optional method in Part II$.$ Ses instructions.

$2$ Net profit or $(|$oss$)$ from Schedule C$,$ ine $31$; and Schedule K$-1($Form $1066),$ bax $14,$ oode A $($other than

tamingl. Ses instructions for other income to report or if you are a minister or member of a religious order

$3$ Combine lines $1$a$,1$b$,$ and $2.$

$4$a If line $3$ is more than zero, multiply line $3$ by $92\mathrm{.}35\%(0\mathrm{.}9235).$ Otherwise, enter amount from line $3$

Note: If Ine $4$ a la less than $$400$ due to Conservation Reserve Program payments on Ine $1b,$ see instructions.

b If you elect one or both of the optional methods, enter the total of lines $15$ and $17$ here

Combine lines $4$a and $4b.$ If less than $$400,$ stop; you don't owe self$-$amployment tax. Exoeption: If

less than $$400$ and you had church employee income, enter $-0-$ and contirue.

$5$a Enter your church employee income from Form W$-2.$ See instructions for

defirition of church employee income

b Multiply ine $5$ a by $92\mathrm{.}35\%(0\mathrm{.}9235).$ If less than $$100,$ enter $-0-$

$6$ Add lines $4c$ and $5b$

$7$ Maximum amount of combined wages and self$-$employment eamings subject to social security tax of

the $6\mathrm{.}2\%$ portion of the $7\mathrm{.}65\%$ railroad retrement $($tier $1)$ tax for $2023$

$8$a Total social security wages and tips $($total of boxes $3$ and $7$ on Form$($s$)$ W$-2)$

and railroed retirement $($tier $1)$ compensation. If $$160,200$ or more, skip lines

$8$b through $10,$ and go to line $11$

b Urreported tips subject to social security tax from Form $4137,$ line $10$

c Wages subject to social security tax from Form $8919,$ line $10.$

d Add Ines Ba$,8$b$,$ and $8$c

$9$ Subtract line $8d$ from line $7.$ If zero or less, enter $-0-$ here and on line $10$ and $90$ to Iine $11$

$10$ Multiply the smaller of line $6$ or line $9$ by $12\mathrm{.}4\%(0\mathrm{.}124).$

$11$ Multiply ine $6$ by $2\mathrm{.}9\%(0\mathrm{.}029).$

$12$ Self$-$employment tax. Add lines $10$ and $11.$ Enter here and on Schedule $2($Form $1040),$ Ere $4,$ or

Form $1040-$ss$,$ Part $1,$ line $3$

$13$ Deduction for one$-$half of self$-$employment tax.

For Paperwork Fieduction Act Notioe, see your tax retum instruetions.

Can. Na$.113542$

Schedule SE $($Frorm $1040)2023$