Shelly also started her own home design consulting business in March 2022. The results of...

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Accounting

Shelly also started her own home design consulting business in March 2022. The results of her business operations (Cash basis) for
2022 follows:
Gross receipts from clients
Vehicle mileage 21,000 business miles (2,100 per month)
32,000 total miles during the year
2015 Chevy Suburban
Placed in service 0301?22
Postage
office supplies
State license fees
Supplies
Professional fees
Design software
Professional education programs (registration)
Travel to education program
Airplane
Lodging $119 per night 3 nights
Meals per diem for a day
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 , or . Use the appropriate Tax
Tables and Tax Rate Schedules.2 Returns and allowances
3 Subtract line 2 from line 1
4 Cost of goods sold (from line 42)
5 Gross profit. Subtract line 4 from line 3
6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions)
7 Gross income. Add lines 5 and 6
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