looking for the calculations for part 2 of schedule C. ...
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looking for the calculations for part 2 of schedule C.
Shelly Beaman (social security number 412-34-5670) is single and resides at 540 Front Street, Ashland, NC 27898. Shelly had the following itemized deductions: Shelly also started her own home design consulting business in March 2022. The results of her business operations (Cash basis) for 2022 follows: Shelly made a $30,000 estimated tax payment on April 10, 2022. Required: Prepare Shelly's Form 1040 for 2022 including all appropriate schedules. Schedule A, Schedule C, Form 4562, and Schedule SE are required. Section 179 is elected on all eligible assets in 2022. She wants to contribute to the presidential election campaign and does not want anyone to be a third-party designee. Shelly has not acquired any financial interest in virtual currency last year. For any missing information, make reasonable assumptions. Use the appropriate EIC Tables ( 6A6,6A7, or 6A8). Use the appropriate Tax Tables and Tax Rate Schedules. Note: List the names of the taxpayers and any income they receive in the order in which they appear in the problem. Input all the 7 Gross income. Add lnos 5 and 6 7 157.662
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