taralynnn1637 taralynnn1637

06-12-2019
Social Studies

contestada

In the current year, Johnice started a profitable bookkeeping business as a sole proprietor. Johnice made $38,000 in her first year of operation. What two forms must Johnice file for her business?

Respuesta :

austineemodi austineemodi

07-12-2019

Answer:

Schedule C

Schedule SE

Explanation:

Since her business falls under small category and her net earning is above 400, the schedule C and SE are the forms she must file

SE is the self employment form that helps you figure out your net income and how much tax owed

Schedule C is a form for sole proprietors to report profit or loss, net profit from business.

Answer Link

Otras preguntas

x= 1/4y^2 The focus of the parabola is: (0, 1) (1, 0) (0, -1)

On January 1, 20X2, X Company made modifications to an asset used in its manufacturing operations in order to extend its useful life. The asset had an original

What is the difference between a homogeneous and a heterogeneous mixture? What is the difference between a homogeneous and a heterogeneous mixture? A. A homoge

Which of the following situations accurately describes a difference between a food chain and a food web?

Which word is the verb form of the noun “person”?

Ben says that "an increase in the tax on beer will raise its price. " Holly argues that "taxes should be increased on beer because college students drink too mu

PLEASE HELP PRECALC WILL MARK BRAINLIEST SEE Attachment

Dr. Spiro finds that teen parents develop close relationships with male infants but not with female infants. Three subsequent studies by other psychologists fai

What number will the function return if the input is 15.4?

the sides of a triangle have lengths 3, 3, and 5. what kind of triangle is it ?