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March 24, 2023
Question

How do schedule c work

  • March 24, 2023
  • 1 reply
  • 0 views
I didn't work out of town and I don't have my own business 

1 reply

DawnC
Employee
March 24, 2023

Schedule C is for the self-employed.   What kind of work did you do and what kind of tax forms do you have for your income (w-2, 1099, cash)?    

 

How does being Self-employed affect my taxes?

 

Use Schedule C (Form 1040) to report income or loss from a business you operated or a profession you practiced as a sole proprietor (self-employed).   An activity qualifies as a business if:

 

  • Your primary purpose for engaging in the activity is for income or profit.
  • You are involved in the activity with continuity and regularity.
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