Tax Year 2020 · Mileage Rate 57.5¢/mi
Tax Year 2020
Single filer · Self-employment only · Auto broker/dealer · Form 1040-X amendment required
Amendment — 1040-X
Bank reconstruction 11/12 months
Aug 2020 statement outstanding
Deposits $34,710.96 · Adj gross $29,786.94
Filing gate: August 2020 bank statement is missing. The 1040-X cannot be filed until that month is reconciled. Request from USC Credit Union online banking immediately.
💼Self-Employment Income — 2020
Bank-verified deposits below. Confirm each amount. Explain any same-day deposit/withdrawal pairs (pass-throughs) that should be excluded from gross receipts.
✓ Confirm from statements
Oct 2020: SQC $4,924 confirmed pass-through
✓ Bank-verified baseline
🔧Income by Job / Client — 2020
🚗Business Vehicles — 2020 (Form 4562)
Required for your 1040-X. Standard mileage = 57.5¢/mile in 2020. List every business mile driven for each vehicle.
🚵 Harley-Davidson57.5¢/mi · 2020 · HDFS $3,676.37bank
🚘 BMW57.5¢/mi · 2020 · Confirm GVWR · BMW Financial ~$7,060/yrbank
🛻 Truck57.5¢/mi · Confirm if in service 2020
💼 Business Expenses — 2020
Communications
Equipment Purchased in 2020
Storage, Insurance, Licenses
Uniforms & Work Gear
Commissions, Labor & Advertising
Estimated Tax Savings — 2020
~38.3% combined federal + SE
$0.00
📎 Documents Needed — 20
Upload to Dropbox: Open secure upload folder
August 2020 — USC CU Bank Statement
URGENT — missing month blocking amendment filing
Mileage Log — All Vehicles 2020
Date, destination, business purpose, miles per trip
Form 1095-A (if Covered CA in 2020)
Required if marketplace insurance — amendment rejected without it
Expense Receipts — 2020
Storage, insurance, licenses, equipment
Tax Year 2021 · Mileage Rate 56¢/mi
Tax Year 2021
Single filer · Self-employment only · HIGHEST PRIORITY — $45,023 IRS assessment vs filed net profit $10,117
Amendment or Audit Recon — gated on D10
IRS assessment $45,023 unexplained
Bank reconstruction 11/12 months
Deposits $40,455.30 · Adj gross $29,955.30
D10 Critical: The IRS assessed $45,023 against your filed net profit of $10,117. A post-filing IRS action occurred. Kathy must pull your Record of Account before filing this amendment. The correct vehicle may be audit reconsideration, not a 1040-X. All savings projections are provisional until D10 is resolved.
June 2021 bank statement missing. Request from USC Credit Union immediately.
💼Self-Employment Income — 2021
Aug 2021 wire round-trips ~$10,500 confirmed
✓ Bank-verified baseline
🔧Income by Job / Client — 2021
🚗Business Vehicles — 2021 (Form 4562)
🚵 Harley-Davidson56¢/mi · 2021 · HDFS $3,491.87bank
🚘 BMW56¢/mi · 2021 · Confirm GVWR for SUV rules · BMW Financial $7,116/yrbank
🛻 Truck56¢/mi · 2021 · §179 if GVWR over 6,000 lbs
💼 Business Expenses — 2021
Communications
Equipment Purchased in 2021
Storage, Insurance, Licenses
Uniforms & Work Gear
Commissions, Labor & Advertising
Estimated Tax Savings — 2021
~38.3% combined federal + SE
$0.00
📎 Documents Needed — 21
Upload to Dropbox: Open secure upload folder
June 2021 — USC CU Bank Statement
URGENT — missing month blocking amendment filing
IRS Record of Account — TY2021
Explains the $45,023 assessment — Kathy pulling via e-Services once 8821 posts
Mileage Log — All Vehicles 2021
Required for Form 4562 listed property
Form 1095-A (if Covered CA in 2021)
Required for FTB AD penalty challenge
Tax Year 2022 · Mileage Rate 58.5¢/mi (Jan-Jun) · 62.5¢/mi (Jul-Dec)
Tax Year 2022
Single filer · Gap year — no bank statements yet · Original return status unknown
0 / 12 bank statements received
Return status unknown — confirm below
Gap year. Request all 12 months from USC Credit Union online banking. Filing obligation and amendment vs original return cannot be determined until statements are received.
📋Filing Status — 2022
💼Income — 2022
Will be reconciled once bank statements received
🚗Business Vehicles — 2022 · 58.5¢/mi (Jan-Jun) · 62.5¢/mi (Jul-Dec)
🚵 Harley-Davidson58.5¢/mi (Jan-Jun) · 62.5¢/mi (Jul-Dec)
🚘 BMW58.5¢/mi (Jan-Jun) · 62.5¢/mi (Jul-Dec)
🛻 Truck58.5¢/mi (Jan-Jun) · 62.5¢/mi (Jul-Dec)
💼 Business Expenses — 2022
Communications
Equipment Purchased in 2022
Storage, Insurance, Licenses
Uniforms & Work Gear
Commissions, Labor & Advertising
Estimated Tax Savings — 2022
~38.3% combined federal + SE
$0.00
📎 Documents Needed — 2022
Upload to Dropbox: Open secure upload folder
All 12 USC CU Bank Statements — 2022
Jan through Dec · Download from online banking
All 1099s — 2022
1099-NEC, 1099-K, W-2G, any type received
Copy of Filed 2022 Return (if filed)
If Obaseki prepared — request from him
Tax Year 2023 · Mileage Rate 65.5¢/mi
Tax Year 2023
Single filer · Gap year — no bank statements yet · Original return status unknown
0 / 12 bank statements received
Return status unknown — confirm below
Gap year. Request all 12 months from USC Credit Union online banking. Filing obligation and amendment vs original return cannot be determined until statements are received.
📋Filing Status — 2023
💼Income — 2023
Will be reconciled once bank statements received
🚗Business Vehicles — 2023 · 65.5¢/mi
🚵 Harley-Davidson65.5¢/mi
🚘 BMW65.5¢/mi
🛻 Truck65.5¢/mi
💼 Business Expenses — 2023
Communications
Equipment Purchased in 2023
Storage, Insurance, Licenses
Uniforms & Work Gear
Commissions, Labor & Advertising
Estimated Tax Savings — 2023
~38.3% combined federal + SE
$0.00
📎 Documents Needed — 2023
Upload to Dropbox: Open secure upload folder
All 12 USC CU Bank Statements — 2023
Jan through Dec · Download from online banking
All 1099s — 2023
1099-NEC, 1099-K, W-2G, any type received
Copy of Filed 2023 Return (if filed)
If Obaseki prepared — request from him
Tax Year 2024 · Mileage Rate 67¢/mi
Tax Year 2024
Single filer · Gap year — no bank statements yet · Original return status unknown
0 / 12 bank statements received
Return status unknown — confirm below
Gap year. Request all 12 months from USC Credit Union online banking. Filing obligation and amendment vs original return cannot be determined until statements are received.
📋Filing Status — 2024
💼Income — 2024
Will be reconciled once bank statements received
🚗Business Vehicles — 2024 · 67¢/mi
🚵 Harley-Davidson67¢/mi
🚘 BMW67¢/mi
🛻 Truck67¢/mi
💼 Business Expenses — 2024
Communications
Equipment Purchased in 2024
Storage, Insurance, Licenses
Uniforms & Work Gear
Commissions, Labor & Advertising
Estimated Tax Savings — 2024
~38.3% combined federal + SE
$0.00
📎 Documents Needed — 2024
Upload to Dropbox: Open secure upload folder
All 12 USC CU Bank Statements — 2024
Jan through Dec · Download from online banking
All 1099s — 2024
1099-NEC, 1099-K, W-2G, any type received
Copy of Filed 2024 Return (if filed)
If Obaseki prepared — request from him
Tax Year 2025 · Mileage Rate 70¢/mi · FILE NOW — Unfiled Return
Tax Year 2025
Single filer · W-2 (Fiber Optic Solutions) + Self-employment + Gambling · Victorville home · UNFILED — required to unlock all IRS resolution options
Unfiled — blocks all IRS resolution
Deposits $87,578.93 · all 12 months complete
W-2 December · Gambling TVG/Casino · Mortgage 1098
High SE $74,963.20 · Low $47,670.20
File immediately. The IRS will not approve any installment agreement, lien withdrawal, or penalty abatement while 2025 is unfiled. Filing this return unblocks everything.
📋W-2 Wages — 2025 (Fiber Optic Solutions)
W-2 income is fully taxed at ordinary rates. The withholding reduces your final balance. Every W-2 must be included or the IRS will flag the return on your wage transcript.
W-2 — Fiber Optic Solutions 2025
Required — upload as soon as received
Any Other W-2s — 2025
Any other employer in 2025
💼Self-Employment Income by Job — 2025
List each job, client, or income type separately. For each entry: what vehicle you drove, cell phone cost for that work, equipment purchased, uniforms needed, and any commissions paid to helpers.
Income Source 1 — Cash App bank-verified
Income Source 2 — Zelle bank-verified
✓ Bank-verified
List sender name + amount in notes
Income Source 3 — PayPal / Other Electronic bank-verified
✓ Bank-verified
Income Source 4 — Cash Deposits (Identified) bank-verified
Income Source 5 — ATM / Unidentified Cash ⚠ CRITICAL QUESTION
This single answer determines $27,293 as taxable or excluded. High scenario SE = $74,963.20. Low scenario = $47,670.20. The entire difference is this explanation. Take your time.
🚗Business Vehicles — 2025 (Form 4562) · 70¢/mi
70¢/mile is the highest rate in the six-year period. Car insurance is also deductible when using actual expenses method. Confirm GVWR for the truck — §179 may allow full purchase price deduction.
🚵 Harley-Davidson70¢/mi · 2025
🚘 BMW70¢/mi · 2025 · Confirm GVWR
🛻 Truck70¢/mi · 2025 · §179 if GVWR over 6,000 lbs
💼 Business Expenses — 2025
Communications
Equipment Purchased in 2025
Storage, Insurance, Licenses
Uniforms & Work Gear
Commissions, Labor & Advertising
Estimated Tax Savings — 2025
~38.3% combined federal + SE
$0.00
🎲Gambling Income — 2025
Sessions method: Wins and losses are netted per session. Losses offset winnings on Schedule A only — we will run standard vs. itemized with your mortgage interest to determine the best filing position.
TVG Win/Loss Statement — 2025
Download from TVG account under Tax Documents
Casino Win/Loss Statement(s) — 2025
Request from players club at each casino visited
Crypto / Robinhood 1099-DA — 2025
Robinhood, Coinbase, or any crypto platform — available by Feb 15
🏠Property, Mortgage & Investment Income — 2025
Victorville Home — Mortgage Interest
Form 1098 — Mortgage Interest Statement
From your lender — required for Schedule A itemized deduction
Investment Income — Robinhood, Dividends, Interest
Robinhood 1099 / Consolidated Tax Statement — 2025
Download from Robinhood app under Tax Documents by Feb 15
All Other 1099s — 2025
1099-NEC, 1099-K (Cash App/PayPal), 1099-G, W-2G, any type
🏥Health Insurance — 2025
Form 1095-A — Covered CA (if marketplace)
REQUIRED if Covered CA — return rejected without it
📈Estimated Payments & Prior Refunds — 2025
$207 confirmed in bank ✓
Certification
✓
All Years Submitted
Your Multi-Year Tax Organizer (2020–2025) has been sent to Kathy P. Bibbs at Purnell Tax Solutions.
Submitted:
Submitted: