Income from Business - Marlandale LLC

Name*

First Last

Business Name*

Business Activity*

Bsuiness Address*

Street Address Address Line 2 City State ZIP Code

Business Income & Expenses

Sales*

Do Not Include Sales Tax Collected and Paid

Purchases of Product/Material for Resale

Advertising

Commissions

Insurance

Professional Liability. Do not include insurance related to your car or home office or health insurance

Health Insurance

Out of Pocket Medical Expenses

Dr Visits; Prescriptions; Vision; Dental

Interest

Credit Card; Vendor charged interest; LOC

Legal and Professional Fees

Office Supplies

Paper, Pens, Copy Paper. Nothing over $2,500

Postage and Shipping

Repairs Less Than $2,500 Each

Minor Repairs directly related to your business operations

Supplies

Licenses & Fees

Professional Licenses

Supplies

General Supplies

Travel away From Home

Hotels, Plane Tickets, Rental Cars

Telephone/Fax

Business Phone (Must be in Business Name, Not Your Home Phone) Cell Phone

Utilities

Electric, Water, Gas Related to property that you use in your business (Not your home office)

Wages Paid

Wages paid to Employees (Not money you took out personally or pay to you)

Payroll Taxes

Paid Related to Wages Paid to Employees

Bank Fees

Dues/HOA/Publications

Miscellaneous

Do You Purchase Any Office Equipment/Equipment?*

Computers, Cell Phones, Ipads, etc

Type of Equipment

Date of Purchase

Purchase Price

Do You Have Any Equipment Purchases This Year?*

Type of Equipment

Date of Purchase

Purchase Price

Auto Usage

Do You Use Any Personal Vehicles in Your Business?*

Vehicle Description*

Year, Make, Model

Date in Service*

Business Miles Driven*

Total Miles*

Do You Have a Second Personal Vehicle You in Your Your Business?*

Second Vehicle Description*

Year, Make, Model

Date Placed in Service*

Business Miles Driven*

Total Miles Driven*

Home Office

Your home office will qualify as your principal place of business for deducting expenses for its use if: you use it exclusively and regularly for administrative or management activities of your business. AND you have no other fixed location where you conduct substantial administrative or management activities of your business

Based on the Explanation above, Do you qualify for home office expense?*

How Would You Like Us to Compute Your Home Office Deduction?*

We can use the simplified method of $5 per square foot, up to 300 feet OR You can Provide Actual Expenses at 100% (We will do the math!)

How Many Square Feet is Your Office Space*

Include Office Space and Storage used 100% for Business

How Many Square Feet is Your Home?*

Utilities*

Provide 100% of Electric and Gas

Internet*

Insurance*

Include Homeowners and Umbrella Policy if Applicable

Maintenance

Include Lawn and Pool Services; Housekeeper

Repairs I Made to My Entire House

Example: Replace Your Roof

Repairs/Upgrades I Made Just to My Home Office

Example: Paint and New Carpet Provide 100% of Expense

Business Income & Expenses

Auto Usage

Home Office

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