for which of these client scenarios do you need to prepare a schedule c a carlos has 3702014

February 13, 2021/in Business Homework Help Online /by Joseph

For which of these client scenarios do you need to prepare a Schedule C? a-Carlos has a Form W-2G showing $25,000 in winnings from playing blackjack. He has records showing he spent $30,000 playing blackjack. b-Soledad has a Form 1099-MISC showing $1,300 in box 3 for winning a neighborhood fundraising raffle. She bought six raffle tickets for $10 each. c-Monica has a Form 1099-MISC showing $600 in box 7 as compensation for distributing product samples at neighborhood festivals. She incurred no expenses. d-Jarvis sold his car to his neighbor for $2,800 cash. He bought the car ten years ago for $20,000.

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