Exhibit 121 — USA v. McCabe (Dkt. 91.128)

Summary

Government Exhibit 121 in Case 9:24-cr-80103-AMC (Document 91-128, entered 03/10/2025) is a 2019 Schedule C, Profit or Loss From Business, for proprietor Dustin McCabe and the business Florida Scuba Charters, listed as a Charter Boat business. It reports gross receipts of 134000, total expenses of 44000 and net profit of 90000. Listed expenses include advertising of 3450, car and truck expenses of 7800, insurance of 9675, legal and professional services of 1500, office expense of 18000 and repairs and maintenance of 3575, and Part IV reports 24575 business miles driven in 2019.

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Case 9:24-cr-80103-AMC Document 91-128 Entered on FLSD Docket 03/10/2025 Page 1 of 2
SCHEDULE C (Form 1040 or 1040-SR) Profit or Loss From Business (Sole Proprietorship) OMB No. 1545-0074 2019
Department of the Treasury Internal Revenue Service (99) > Go to www.irs.gov/ScheduleC for instructions and the latest information. > Attach to Form 1040, 1040-SR, 1040-NR, or 1041; partnerships generally must file Form 1065. Attachment Sequence No. 09
Name of proprietor Social security number (SSN)
Dustin McCabe [redacted]7518
A Principal business or profession, including product or service (see instructions) B Enter code from instructions
Charter Boat > 114110
C Business name. If no separate business name, leave blank. D Employer ID number (EIN) (see instr.)
Florida Scuba Charters 47-2429247
E Business address (including suite or room no.) > 803 Promenade Way #103
City, town or post office, state, and ZIP code Jupiter, FL 33458
F Accounting method: (1) [X] Cash (2) [ ] Accrual (3) [ ] Other (specify) >
G Did you "materially participate" in the operation of this business during 2019? If "No," see instructions for limit on losses . . [X] Yes [ ] No
H If you started or acquired this business during 2019, check here . . . . . . . . . . . . . . . . . > [ ]
I Did you make any payments in 2019 that would require you to file Form(s) 1099? (see instructions) . . . . . . . . [ ] Yes [X] No
J If "Yes," did you or will you file required Forms 1099? . . . . . . . . . . . . . . . . . . . . . . [ ] Yes [ ] No
Part I Income
1 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on Form W-2 and the "Statutory employee" box on that form was checked . . . . . . . . . > [ ] 1 134000
2 Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . 3 134000
4 Cost of goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . 5 134000
6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) . . . . 6
7 Gross income. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . > 7 134000
Part II Expenses. Enter expenses for business use of your home only on line 30.
8 Advertising . . . . . 8 3450 | 18 Office expense (see instructions) 18 18000
9 Car and truck expenses (see instructions) . . . . . 9 7800 | 19 Pension and profit-sharing plans . 19
10 Commissions and fees . 10 | 20 Rent or lease (see instructions):
11 Contract labor (see instructions) 11 | a Vehicles, machinery, and equipment 20a
12 Depletion . . . . . 12 | b Other business property . . . 20b
13 Depreciation and section 179 expense deduction (not included in Part III) (see instructions) . . . . . 13 | 21 Repairs and maintenance . . . 21 3575
14 Employee benefit programs (other than on line 19) . . 14 | 22 Supplies (not included in Part III) . 22
15 Insurance (other than health) 15 9675 | 23 Taxes and licenses . . . . . 23
16 Interest (see instructions): | 24 Travel and meals:
a Mortgage (paid to banks, etc.) 16a | a Travel . . . . . . . . . . 24a
b Other . . . . . . 16b | b Deductible meals (see instructions) . . . . . . . . 24b
17 Legal and professional services 17 1500 | 25 Utilities . . . . . . . 25
| 26 Wages (less employment credits) . 26
| 27a Other expenses (from line 48) . 27a
| b Reserved for future use . . . 27b
28 Total expenses before expenses for business use of home. Add lines 8 through 27a . . . . . . . > 28 44000
29 Tentative profit or (loss). Subtract line 28 from line 7 . . . . . . . . . . . . . . . . 29 90000
30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless using the simplified method (see instructions).
Simplified method filers only: enter the total square footage of: (a) your home:
and (b) the part of your home used for business: . Use the Simplified
Method Worksheet in the instructions to figure the amount to enter on line 30 . . . . . . . . . . 30
31 Net profit or (loss). Subtract line 30 from line 29.
- If a profit, enter on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040-NR, line 13) and on Schedule SE, line 2. (If you checked the box on line 1, see instructions). Estates and trusts, enter on Form 1041, line 3. 31 90000
- If a loss, you must go to line 32.
32 If you have a loss, check the box that describes your investment in this activity (see instructions).
- If you checked 32a, enter the loss on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040-NR, line 13) and on Schedule SE, line 2. (If you checked the box on line 1, see the line 31 instructions). Estates and trusts, enter on Form 1041, line 3.
- If you checked 32b, you must attach Form 6198. Your loss may be limited. 32a [ ] All investment is at risk. 32b [ ] Some investment is not at risk.
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11334P Schedule C (Form 1040 or 1040-SR) 2019
AO386-C GOVERNMENT EXHIBIT CASE NO. 24-CR-80103-AMC EXHIBIT NO. GX121
Case 9:24-cr-80103-AMC Document 91-128 Entered on FLSD Docket 03/10/2025 Page 2 of 2
Schedule C (Form 1040 or 1040-SR) 2019 Page 2
Part III Cost of Goods Sold (see instructions)
33 Method(s) used to value closing inventory: a [ ] Cost b [ ] Lower of cost or market c [ ] Other (attach explanation)
34 Was there any change in determining quantities, costs, or valuations between opening and closing inventory? If "Yes," attach explanation . . . . . [ ] Yes [ ] No
35 Inventory at beginning of year. If different from last year's closing inventory, attach explanation . . . 35
36 Purchases less cost of items withdrawn for personal use . . . . . . . . . . . . . 36
37 Cost of labor. Do not include any amounts paid to yourself . . . . . . . . . . . 37
38 Materials and supplies . . . . . . . . . . . . . . . . . . . . . . . . . 38
39 Other costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
40 Add lines 35 through 39 . . . . . . . . . . . . . . . . . . . . . . . . 40
41 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . 41
42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 . . . . . . 42
Part IV Information on Your Vehicle. Complete this part only if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562.
43 When did you place your vehicle in service for business purposes? (month, day, year) > 01 / 01 / 2018
44 Of the total number of miles you drove your vehicle during 2019, enter the number of miles you used your vehicle for:
a Business 24575 b Commuting (see instructions) 11240 c Other
45 Was your vehicle available for personal use during off-duty hours? . . . . . . . . . . . . . . [X] Yes [ ] No
46 Do you (or your spouse) have another vehicle available for personal use? . . . . . . . . . . . [X] Yes [ ] No
47a Do you have evidence to support your deduction? . . . . . . . . . . . . . . . . . . [X] Yes [ ] No
b If "Yes," is the evidence written? . . . . . . . . . . . . . . . . . . . . . . [X] Yes [ ] No
Part V Other Expenses. List below business expenses not included on lines 8-26 or line 30.
48 Total other expenses. Enter here and on line 27a . . . . . . . . . . . . . . . . 48
Schedule C (Form 1040 or 1040-SR) 2019


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