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Title: Lindsey Forbes, a detective who is single, operates a small pottery business in her spare time. This ... Post by: Augustus1 on Jan 9, 2017 Lindsey Forbes, a detective who is single, operates a small pottery business in her spare time. This year she reported the following income and expenses from this activity which is classified as a hobby:
Revenue from sale of pottery $ 9,000 Depreciation on potter's wheel ( 3,000) Property taxes on shed where she does pottery ( 1,200) Supplies used such as clay, etc. ( 6,500) In addition, she had salary of $70,000 and itemized deductions, not including those listed above, of $6,100. What is the amount of Lindsey's taxable income? Title: Re: Lindsey Forbes, a detective who is single, operates a small pottery business in her spare time. ... Post by: MsLippy on Jan 9, 2017 Content hidden
Title: Re: Lindsey Forbes, a detective who is single, operates a small pottery business in her spare time. This ... Post by: Augustus1 on Mar 19, 2017 I'm forever indebted to you!
THANKS |