[ANSWERED] Thom Jones (SSN 000 -00-1111) is an unincorporated manufacturer of widgets. He uses the LCM method..

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Thom Jones (SSN 000 -00-1111) is an unincorporated
manufacturer of widgets. He uses the LCM method to value his inventory and
reports the following for 2018:
The business operates under the name Jones Widger Company
and is located at 400 W. Main Street in Springfield, Maryland 21368. Its
employer identification number is 55-9876543. The business uses the cash
method, Thom materially participates in it, and it did nor make any payments
that would require it to file Form 1099. Complete Thom’s 2018 Form 4562 and
Schedule C of Form 1040, assuming he elects to expense the maximum amount
possible under Sec. 179 and uses bonus depreciation for any eligible amounts
exceeding the Sec. 179 maximum.

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