Bart has the following income and expenses for his Schedule C:
$\begin{array}{lr}
\text { 1099-MISCsreceived: }\\text { Jack's Builder's }&\$42,000\\text { Smith's Fine Homes }&35,750\\text { Murphy's Builders }&24,730\\text { Total Revenue }&\$102,480\\text { Wages }&(46,000)\
\text { Payroll taxes } & (3,519) \
\text { Payroll tax penalties } & (300) \
\text { License fee } & (200) \
\text { Supplies } & (5,300) \
\text { Cell phone } & (588) \
\text { Meals } & (3,000) \
\text { Internet service } & (780)
\end{array}$
What is Bart's self-employment income?

Question

Bart has the following income and expenses for his Schedule C:
 $\begin{array}{lr}
\text { 1099-MISCsreceived: }\\text { Jack's Builder's }&\$42,000\\text { Smith's Fine Homes }&35,750\\text { Murphy's Builders }&24,730\\text { Total Revenue }&\$102,480\\text { Wages }&(46,000)\
\text { Payroll taxes } & (3,519) \
\text { Payroll tax penalties } & (300) \
\text { License fee } & (200) \
\text { Supplies } & (5,300) \
\text { Cell phone } & (588) \
\text { Meals } & (3,000) \
\text { Internet service } & (780)
\end{array}$
 What is Bart's self-employment income?

Quizplus · Accepted Answer

The Answer of Bart has the following income and expenses for his Schedule C:
 $\begin{array}{lr}
\text { 1099-MISCsreceived: }\\text { Jack's Builder's }&\$42,000\\text { Smith's Fine Homes }&35,750\\text { Murphy's Builders }&24,730\\text { Total Revenue }&\$102,480\\text { Wages }&(46,000)\
\text { Payroll taxes } & (3,519) \
\text { Payroll tax penalties } & (300) \
\text { License fee } & (200) \
\text { Supplies } & (5,300) \
\text { Cell phone } & (588) \
\text { Meals } & (3,000) \
\text { Internet service } & (780)
\end{array}$
 What is Bart's self-employment income?

Bart Has the Following Income and Expenses for His Schedule