Tax Details

Every account mapped to its Form 1120-S line · Judgment calls annotated for the preparer

26Accounts mapped

1120-SEntity form

3Preparer notes

$94,620Ordinary income

Income

AccountAmountForm 1120-S line

Design services

$348,200Line 1a · Gross receipts

Retainers & licensing

$64,660Line 1a · Gross receipts

Total income

$412,860Line 6

Deductions

Amounts reconcile to the Profit & Loss by account

AccountAmountForm 1120-S line

Wages

$118,000Line 8 · Salaries and wages

Rent (incl. related party — see note)

$33,500Line 11 · Rents

Payroll taxes

$11,800Line 12 · Taxes and licenses

Depreciation

$11,240Line 14 · Depreciation

Contractor payments (see note)

$87,400Line 19 · Other deductions

Employee benefits

$12,800Line 19 · Other deductions

Software subscriptions

$14,900Line 19 · Other deductions

Insurance

$8,400Line 19 · Other deductions

Professional fees

$6,900Line 19 · Other deductions

Utilities

$5,400Line 19 · Other deductions

Marketing

$4,300Line 19 · Other deductions

Travel & meals (see note)

$2,450Line 19 · Other deductions

Bank & merchant fees

$1,150Line 19 · Other deductions

Total deductions

$318,240Line 20

Ordinary business income

$94,620Line 21

Preparer notes

Related-party rent$6,500

Paid to Patel Family Trust. Confirmed by owner Mar 9, 2026, recorded at stated lease amount. Preparer to consider related-party disclosure.

Meals limitation$1,180

Meals portion of travel & meals. Preparer to apply the 50% limitation; mapped amount is gross.

1099-NEC filings$87,400

Six contractors, all W-9s on file, all over the $600 threshold. Totals reconcile to Contractor Documentation.