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Chapter 6 TRP 6-1 Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2020 203.00 1500 (26.000 Gross receipts Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2020 Van (over 6,000 pounds) placed in service 1/01/2020, Cost 27,000 Postage Wages Payroll taxes Supplies Phone Internet service Rent Insurance Van expenses 112.500 (1.250 (600) (2,400) (2,800) (4,500) Business assets Date Purchased Cost Computer 1 5/18/20 $ 2,200 Computer 2 6/01/20 2,700 Printer 3/01/19 900 Copier 3/02/19 2,100 Purniture 3/01/19 6,000 Required: Determine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE S 179 expense is elected on all eligible assets Chapter 6 TRP 6-1 Cassi (SSN 412-34-5670) has a cash-basis home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2020 203.00 1500 (26.000 Gross receipts Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2020 Van (over 6,000 pounds) placed in service 1/01/2020, Cost 27,000 Postage Wages Payroll taxes Supplies Phone Internet service Rent Insurance Van expenses 112.500 (1.250 (600) (2,400) (2,800) (4,500) Business assets Date Purchased Cost Computer 1 5/18/20 $ 2,200 Computer 2 6/01/20 2,700 Printer 3/01/19 900 Copier 3/02/19 2,100 Purniture 3/01/19 6,000 Required: Determine Cassi's self-employment income and QBI deduction. Prepare Schedule C and Schedule SE S 179 expense is elected on all eligible assets

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