For the Part IV (Week 7) assignment, you are asked to do the following:Use the Parts I, II, and III.

For the Part IV (Week 7) assignment, you are asked to do the following:Use the Parts I, II, and III assignments you completed previously.Correct your Part III assignment mistakes, if any, based on the solution you were provided by your instructor at the end of Week 6.Complete the following additional paragraph items: 9, 10, 11, 12, and 17.Assume that a like-kind exchange was done on #9.1040(99)Department of the TreasuryInternal Revenue ServiceU.S. Individual Income Tax ReturnFor the year Jan. 1Dec. 31, 2012, or other tax year beginningYour first nameM.I.DavidRIf a joint return, spouse’s first nameM.I.SheriNOMB No. 1545-0074IRS Use OnlyDo not write or staple in this space.See separate instructions., endingLast nameSuffixJohnsonYour social security number111-11-1111Last nameSuffixJohnsonSpouse’s social security number123-45-6785Home address (number and street). If you have a P.O. box, see instructions.Apt. no.Make sure the SSN(s) aboveand on line 6c are correct.641 Cody WayCity, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions).CasperWYForeign country nameFiling StatusForeign province/state/county136aXXJohnsonJohnsonOlsonAdjustedGrossIncome(2) Dependent’ssocial security number(3) Dependent’srelationship to youLast name78ab9ab101112131415a16a17181920a2122232425262728293031a323334353637123-45-6788123-45-6789123-45-6786DaughterSonParentSSNBoxes checked(4)if child under age 17qualifying for child tax credit(see instructions)on 6c who:lived with youdid not live withyou due to divorceor separation(see instructions)Dependents on 6cnot entered above201Add numbers onTotal number of exemptions claimed . . . . . . . . . . . . . . . . . . . . . . . . . . . lines .above. . . . . . .5 . . . …Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..7 .. .. .. .. .. 38,000 .. .. .. .. … .. ..1,500Taxable interest. Attach Schedule B if required . . . . . . . . . . . . . . . . . . . . . . . 8a . . . . . . . . . . . ..Tax-exempt interest. Do not include on line 8a . . . . . . . . . . . 8b. . . . . . 1,900. . . . . . . . . . . . . . . … .Ordinary dividends. Attach Schedule B if required . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. .. .. 9a . . . . . . 700 . . . … .Qualified dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9b. . . . . . . 700. . . . . . . . . . . . . . . ….Taxable refunds, credits, or offsets of state and local income taxes . . . . . . . . . . . . . . . . 10 . . . . . . . . . . . ..Alimony received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 . . . . . . . . . . . ..Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . . . . . . . . . . . . 12 . . . . . 70,724 . . . … . .-3,000Capital gain or (loss). Attach Schedule D if required. If not required, check here13Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . . . . . . . . . . . . 14 . . . . . . . . . . . ..IRA distributions . . . . . . . . . 15a . . . . . . . . . b .Taxable amount .. .. .. .. .. .. .. 15b . . . . . . . . . . .. … . . . . … ..Pensions and annuities . . . . . . . 16a. . . . . . . . . . b Taxable. amount . . . . . . . . . . . . . . 16b . . . . . . . . . . . … . . .. . … .Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E . . . . . . . 17 . . . . . 2,896 . . . … . .Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . . . . . . . . . . . . 18 . . . . . . . . . . . ..Unemployment compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . … … … … … .. . . . . . . . . . . .19Social security benefits . . . . . . . . . .20a . . . . . . . . . . . . . . b . . . . amount .. .. .. .. .. .. .. 20b. .. .. .. .. .. .. .0 .. .. .. .. ….. Taxable . . … ..420Other income. List type and amount Jury Pay21Combine the amounts in the far right column for lines 7 through 21. This is your total income . . . . . . 22 . . . . 111,240 . . . … . . .Educator expenses . . . . . . . . . . . . . . . . . . . . . . . 23 . . . . . . . . . . . . . . . . . . . . . . . ..Certain business expenses of reservists, performing artists, andfee-basis government officials. Attach Form 2106 or 2106-EZ . . . . . . .24 . . . . . . . . . . . . . . . . . . . . . . ..Health savings account deduction. Attach Form 8889 . . . . . . . . . . 25 . . . . . . . . . . . . . . . . . . . . . . . ..Moving expenses. Attach Form 3903 . . . . . . . . . . . . . . . . 26 . . . . . . . . . . . . . . . . . . . . . . . ..Deductible part of self-employment tax. Attach Schedule SE . . . . . . . 27 . . . . . .4,996 . . . . . . . . . . . . . . . … .9,000Self-employed SEP, SIMPLE, and qualified plans . . . . . . .. .. .. .. .. 28 .. .. .. .. .. . . . . . . . . . . . . . . . . . . …Self-employed health insurance deduction . . . . . . . . . . . . . . 29 . . . . . .3,800 . . . . . . . . . . . . . . . … .Penalty on early withdrawal of savings . . . . . . . . . . . . . . . 30 . . . . . . . . . . . . . . . . . . . . . . . ..Alimony paidb Recipient’s SSN31aIRA deduction . . . . . . . . . . . . . . . . . . . . . . . . . 32 . . . . . .5,000 . . . . . . . . . . . . . . . … .Student loan interest deduction . . . . . . . . . . . . . . . . . . 33 . . . . . . . . . . . . . . . . . . . . . . . ..Tuition and fees. Attach Form 8917 . . . . . . . . . . . . . . . . . 34 . . . . . . . . . . . . . . . . . . . . . . . ..Domestic production activities deduction. Attach Form 8903 . . . . . . . 35 . . . . . . . . . . . . . . . . . . . . . . . ..Add lines 23 through 31a and 32 through 35 . . . . . . . . . . . . . . . . . . . . . . . . .36. . . . . 22,796 . . . . .. . .Subtract line 36 from line 22. This is your adjusted gross income . . . . . . . . . . . . . . . 37 . . . . . 88,444 . . . … . .For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.HTALast name}KirbyTobyViviandEnclose, but donot attach, anypayment. Also,please useForm 1040-V.Last nameYourself. If someone can claim you as a dependent, do not check box 6a . . . . . . . . . . on 6a.and 6b . . . . . .2 . . . … .Spouse . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No. of children . . . . . . . . .. . . . .(1) First nameIf you did notget a W-2,see instructions.Qualifying widow(er) with dependent childFirst nameFirst namec Dependents:Enter Dependents on “Ln 6c – Dependents” tab below.Attach Form(s)W-2 here. Alsoattach FormsW-2G and1099-R if taxwas withheld.5Married filing separately. Enter spouse’s SSN aboveand full name here.bIncomeHead of household (with qualifying person). (See instructions.) Ifthe qualifying person is a child but not your dependent, enter thischild’s name here.Married filing jointly (even if only one had income)Check only onebox.If more than fourdependents, seeinstructions andcheck hereForeign postal codePresidential Election CampaignCheck here if you, or your spouse if filingjointly, want $3 to go to this fund. Checkinga box below will not change your tax orYouSpouserefund.4SingleX2Exemptions82609Form1040 (2012)David R and Sheri N JohnsonForm 1040 (2012)Tax andCreditsStandardDeductionforPeople whocheck anybox on line39a or 39b orwho can beclaimed as adependent,seeinstructions.All others:Single orMarried filingseparately,$5,950Married filingjointly orQualifyingwidow(er),$11,900Head ofhousehold,$8,700OtherTaxesPaymentsIf you have aqualifyingchild, attachSchedule EIC.RefundDirect deposit?Seeinstructions.3839ab111-11-1111Page2Amount from line 37 (adjusted gross income). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38 . . . . 88,444 . . . … . .CheckBlind.You were born before January 2, 1948,Total boxescheckedif:Blind.Spouse was born before January 2, 1948,39a{}If your spouse itemizes on a separate return or you were a dual-status alien, check here. . . . . 39b . . . . . . . . . . . . . . . . ..40414243444546474849505152Itemized deductions (from Schedule A) or your standard deduction (see left margin) . . . . . . . . . 40 . . . . .14,833. . . . … .Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 . . . . . . . . . .73,611 . . . . . . . ….. .. ..Exemptions. Multiply $3,800 by the number on line 6d . . . . . . . . . . . . . . . . . . . . . . 42 . . . . . 19,000 . . . … . .Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . . .. . . . .. . .. . . . .. . .. .. 43 . . . . .54,611 . . . .. . .. .. . . 44 . . . . . .7,219 . . . … .Tax (see instructions). Check if any from:acForm(s) 8814 bForm 4972962 electionAlternative minimum tax (see instructions). Attach Form 6251 . . . . . . . . . . . . . . . . . . . . . . . . . .45 . . . . . . . . . . . . . . . . . . . . . . …Add lines 44 and 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 . . . . . 7,219. . . . … .Foreign tax credit. Attach Form 1116 if required . . . . . . . . . . . . . .47. . . . . . . . . . . . . . . . . . . . . . . .Credit for child and dependent care expenses. Attach Form 2441 . . . . . . 48 . . . . . . . . . . . . . . . . . . . . . . . ..Education credits from Form 8863, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tax. is .calculated . . . … . . .49Retirement savings contributions credit. Attach Form 8880 . . . . . . . . . 50 . . . . . . . . . . . . . . from the. . . . . … . .Child tax credit. Attach Schedule 8812, if required . . . . . . . . . . . . . 51 . . . . . . . . . . . . . . Qualified . . . . … . . .Dividends andResidential energy credits. Attach Form 5695 . . . . . . . . . . . . . . . 52 . . . . . . . . . . . . Capital . . .Tax . . . … . . Gain .53Other credits from Form:a3800b8801cWorksheet .535455Add lines 47 through 53. These are your total credits . . . . . . . . . . . . . . . . . . . . . . . 54 . . . . . . . . . . . ..Subtract line 54 from line 46. If line 54 is more than line 46, enter -0- . . . . . . . . . . . . . . . . .55 . . . . . 7,219 . . . … …. .. ..56 Self-employment tax. Attach Schedule SE . . . . . . . . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 56 .. .. .. .. .. .8,687 .. .. .. ..41378919 . . . . . . . . .57 . . . . . . . . . . . ..57 Unreported social security and Medicare tax from Form:ab58 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . . . . . . . . . . . . . . . . . . . . .58. .59a Household employment taxes from Schedule H . . . . . . . . . . . . . . . . . . . . . . . . . 59a . . . . . . . . . . ..b First-time homebuyer credit repayment. Attach Form 5405 if required . . . . . . . . . . . . . . . . .59b . . . . . . . . . . . .60 Other taxes. Enter code(s) from instructions6061 Add lines 55 through 60. This is your total tax . . . . . . . . . . . . . . . . . . . . . . . . . . 61 . . . . .15,906 . . . … . ..62 Federal income tax withheld from Forms W-2 and 1099 . . . . . . . . . . 62 . . . . . . . . . . . . . . . . . . . . . . ..63 2012 estimated tax payments and amount applied from 2011 return . . . . . . 63 . . . . . . . . . . . . . . . . . . . . . . .64a Earned income credit (EIC) . . . . . . . . . . . . . . . . . . . . .64a . . . . . . . . . . . . . . . . . . . . . . …b Nontaxable combat pay election . . . . . . . .64b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .65 Additional child tax credit. Attach Schedule 881265.66 American opportunity credit from Form 8863, line 8 . . . . . . . . . . . . .66 . . . . . . . . . . . . . . . . . . . . . . ..67 Reserved . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 . . . . . . . . . . . . . . . . . . . . . . .68 Amount paid with request for extension to file . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .68.69 Excess social security and tier 1 RRTA tax withheld . . . . . . . . . . . . 69 . . . . . . . . . . . . . . . . . . . . . . ..70 Credit for federal tax on fuels. Attach Form 4136 . . . . . . . . . . . . . .70 . . . . . . . . . . . . . . . . . . . . . . .2439 b8801 d888571 Credits from Form: a71Reserved c72 Add lines 62, 63, 64a, and 65 through 71. These are your total payments . . . . . .. .. .. .. .. .. .. .. .. .. .. .. . . . . . . .0 . . . .7273 If line 72 is more than line 61, subtract line 61 from line 72. This is the amount you overpaid . . . . . . . .73. . . . . . . . . . . .74a Amount of line 73 you want refunded to you. If Form 8888 is attached, check here. . . . . . .74aCheckingSavingsb Routing numberc Type:dIf e-filing, enterRouting & Accountnumbers on FormE-File Info.Account number75AmountYou OweThird PartyDesigneeSignHereJoint return? Seeinstructions.Keep a copy foryour records.PaidPreparerUse OnlyAmount of line 73 you want applied to your 2013 estimated tax . . . . . . .75. . . . . . . . . . . . . . . . . . . . . . . .7677Amount you owe. Subtract line 72 from line 61. For details on how to pay, see instructions . . . . . . . . 76 . . . . .15,906. . . . … .Estimated tax penalty (see instructions) . . . . . . . . . . . . . . . . .77 . . . . . . . . . . . . . . . . . . . . . . ..Do you want to allow another person to discuss this return with the IRS (see instructions)?Designee’snamePhoneno.Yes. Complete below.NoPersonal identificationnumber (PIN)Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge andbelief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.Your signatureDateYour occupationDaytime phone numberConsulting EngineerSpouse’s signature. If a joint return, both must sign.DateIf the IRS sent you an Identity ProtectionSpouse’s occupationParalegalPrint/Type preparer’s namePreparer’s signatureDateCheckifPTINself-employedFirm’s nameFirm’s EINFirm’s addressPhone no.Form1040 (2012)SCHEDULE A(Form 1040)Department of the TreasuryInternal Revenue Service (99)Itemized DeductionsInformation about Schedule A and its separate instructions is at www.irs.gov/form1040.Attach to Form 1040.Name(s) shown on Form 1040OMB No. 1545-0074Attachment07Sequence No.Your social security numberDavid R and Sheri N Johnson111-11-1111Caution. Do not include expenses reimbursed or paid by others.Medical1 Medical and dental expenses (see instructions) . . . . . . . . . 1 . . . . . 9,197. . . . . . . . . . . . . . … .and2 Enter amount from Form 1040, line 38 . . . 2 . . . . . 88,444 . . . . . . . . . . . . . . . . . . . . . . . . .. . .Dental3 Multiply line 2 by 7.5% (.075) . . . . . . . . . . . . . . . . . . . . . . 6,633 . . . . . . . . . . . . . . .3. . .Expenses4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . . . . . . . . . . . . 4 . . . . . 2,564. . . . … .Taxes You5 State and localaIncome taxes, orPaid. . . . . . . . . . . . . . .5 . . . . . . . . . . . . . . . . . . . . . . .2,469b X General sales taxes6 Real estate taxes (see instructions) . . . . . . . . . . . . . . 6 . . . . . 2,480 . . . . . . . . . . . . . . … .7 Personal property taxes . . . . . . . . . . . . . . . . . . . 7. . . . . . . . . . . . . . . . . . . . . . .8 Other taxes. List type and amount89 Add lines 5 through 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 . . . . . . 4,949 . . . . .. .Interest10 Home mortgage interest and points reported to you on Form 1098103,520You Paid11 Home mortgage interest not reported to you on Form 1098. If paidto the person from whom you bought the home, see instructionsand show that person’s name, identifying no., and addressNameAddressNote.Your mortgage TIN11interest12 Points not reported to you on Form 1098. See instructions fordeduction mayspecial rules . . . . . . . . . . . . . . . . . . . . . . . 12 . . . . . . . . . . . . . . . . . . . . . ..be limited (see13 Mortgage insurance premiums (see instructions) . . . . . . . . . 13 . . . . . . . . . . . . . . . . . . . . . ..instructions).14 Investment interest. Attach Form 4952 if required. (See instructions.) . . . 14 . . . . . . . . . . . . . . . . . . . . . . . . ..Gifts toCharityIf you made agift and got abenefit for it,see instructions.15 Add lines 10 through 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 . . . . . 3,520 . . . . … .16 Gifts by cash or check. If you made any gift of $250 or more,see instructions . . . . . . . . . . . . . . . . . . . . . . 16 . . . . . 3,800 . . . . . . . . . . . . . . … .17 Other than by cash or check. If any gift of $250 or more, seeinstructions. You must attach Form 8283 if over $500 . . . . . . .17. . . . . . . . . . . . . . . . . . . . . . .18 Carryover from prior year . . . . . . . . . . . . . . . . . .18 . . . . . . . . . . . . . . . . . . . . . ..19 Add lines 16 through 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 . . . . . . . . . . 3,800 . . . . ….. .Casualty andTheft Losses 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) . . . . . . . . . . . . . 20 . . . . . . . . . . . ..Job Expensesand CertainMiscellaneousDeductions21 Unreimbursed employee expensesjob travel, union dues,job education, etc. Attach Form 2106 or 2106-EZ if required.(See instructions.)$See Attached Statement$1,340 211,34022 Tax preparation fees . . . . . . . . . . . . . . . . . . . .22. . . . . . . . . . . . . . . . . . . . . . .23 Other expensesinvestment, safe deposit box, etc. List typeand amount$$23$24 Add lines 21 through 23 . . . . . . . . . . . . . . . . . . 24 . . . . . . . . . . . . . . . . . . . . . . ..1,34025 Enter amount from Form 1040, line 38 . . .25 . . . . 88,444 . . . . . . . . . . . . . . . . . . . . . . . . … . .26 Multiply line 25 by 2% (.02) . . . . . . . . . . . . . . . . . 26 . . . . . 1,769 . . . . . . . . . . . . . . … .27 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- . . . . . . . . . . . 27 . . . . . . . 0. . . . ..Other28 Otherfrom list in instructions. List type and amountMiscellaneous$Deductions28$Total29 Add the amounts in the far right column for lines 4 through 28. Also, enter this amountItemizedon Form 1040, line 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 . . . . .14,833 . . . . … .Deductions 30 If you elect to itemize deductions even though they are less than your standarddeduction, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .For Paperwork Reduction Act Notice, see Form 1040 instructions.HTASchedule A (Form 1040) 2012SCHEDULE C(Form 1040)Department of the TreasuryInternal Revenue Service (99)Profit or Loss From BusinessOMB No. 1545-0074(Sole Proprietorship)For information on Schedule C and its instructions, go to www.irs.gov/schedulec.Name of proprietor09Social security number (SSN)David R JohnsonAAttachmentSequence No.Attach to Form 1040, 1040NR, or 1041; partnerships generally must file Form 1065.111-11-1111Principal business or profession, including product or service (see instructions)BEnter code from instructionsDEmployer ID number (EIN), (see instr.)Engineer, Services to MIning Companies541990CBusiness name. If no separate business name, leave blank.EBusiness address (including suite or room no.)641 Cody WayCasperCity, town or post office, state, and ZIP code(1) X CashAccounting method:GDid you “materially participate” in the operation of this business during 2012? If “No,” see instructions for limit on losses . . . . . . X . Yes . . . .No . . . ….HIf you started or acquired this business during 2012, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .IDid you make any payments in 2012 that would require you to file Form(s) 1099? (see instructions) . . . . . . . . . . . . Yes. . X . No . . . . ….JIf “Yes,” did you or will you file required Forms 1099? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes . . . No . . . . .. ..Part I234567Accrual(3)82609F1(2)WYOther (specify)IncomeGross receipts or sales. See instructions for line 1 and check the box if this income was reported to youon Form W-2 and the “Statutory employee” box on that form was checked . . . . . . . . . . . . . . . 1. . . . . . . 117,620. . . . . . .. . .Returns and allowances (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. . . . . . . . . . . . . . . .Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 . . . . . . 117,620 . . . . . … . . .Cost of goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 . . . . . . 117,620 . . . . . .. . . .Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) . . . . . . . 6 . . . . . . . . . . . . . . . . .Gross income. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. . . . . . . 117,620 . . . . . . .. . .Part IIExpensesEnter expenses for business use of your home only on line 30.1,200. .8 . . . . . . . 2,400 . . . . 18 . .Office expense (see instructions). . . . . . 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. … . . . . . . . . . …19 Pension and profit-sharing plans19. .9 . . . . . . . 5,390. . . . 20 . .Rent. or. lease (see instructions): . . . . . . . . . . . . . . . . . . . .. …. . . . . . . . .. 10 . . . . . . . . . . . . . . a. Vehicles, .machinery, and equipment . . . 20a . . . . . . . . . . . . . . . … . .. . . . . . . ..10.1111b Other business property . . . . .20b . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . 21 . .Repairs and. maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . … . . .. . . . .121221Depreciation and section 179133,20022 Supplies (not included in Part III)22expense deduction (not..23 Taxes and licenses . . . . . . . 23 . . . . . . . . 300 . . . . . . .included in Part III) (seeinstructions) . . . . . . . .9,2101324 Travel, meals, and entertainment:Employee benefit programs.. .14a Travel . . . . . . . . . . . .24a . . . . . . .14,320. . . . . . .(other than on line 19). . . . . 14 . . . . . . . . . . . . . . b. Deductible meals .and . . . . . . . . . . . . . . . . . . . . . . … . . . . . ..Insurance (other than health) . . . 15 . . . . . . . . . . . . . . . entertainment (see instructions) . . 24b. . . . . . . 3,050 . . . . . … . . . . . . . . . . . … . .15Interest:1625 Utilities . . . . . . . . . . . .25. . . . . . . . . . . . . . . . …. . .. . . . . …a Mortgage (paid to banks, etc.) . 16a. . . . . . . . . . . . . 26 . .Wages (less. employment credits). . . . . . . . 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ….. .. . .. . . . … . .b Other . . .. .. .. .. .. .. .. .. .. 16b.. .. .. .. .. .. .. .. .. .. .. . . 27a. Other. expenses. (from line 48) . . . 27a . . . . . . . 1,280 . . . . . .Legal and professional services . . . 17. . . . . . . . . . . . . . b .Reserved for . . . use .. .. .. .. 27b .. .. .. . . . . . . . . . .. .. .. …. . . . . future . .17.. ..28Total expenses before expenses for business use of home. Add lines 8 through 27a . . . . . . . . . . . 28 . . . . . . .40,350. . . . . . … .Tentative profit or (loss). Subtract line 28 from line 7 . . . . . . . . . . . . . . . . . . . . . . . .29. . . . . . . 77,270 . . . . . . .. . .2930Expenses for business use of your home. Attach Form 8829. Do not report such expenses elsewhere . . . . 30 . . . . . . . 6,546 . . . . . … . .31Net profit or (loss). Subtract line 30 from line 29.89Advertising . . . . . . . .Car and truck expenses (seeinstructions) . . . . . . .Commissions and fees . . .Contract labor (see instructions)Depletion . . . . . . . .If a profit, enter on both Form 1040, line 12 (or Form 1040NR, line 13) and on Schedule SE, line 2.(If you checked the box on line 1, see instructions) Estates and trusts, enter on Form 1041, line 3.If…

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