SCHEDULE C (Form 1040) Profit or Loss From Business (Sole Proprietorship)

Return to Tax Forms

 

In the first section (A-H), the following lines are pre-fill and read-only: Name of proprietor and SSN.

 

Part I Income:  The following lines are auto-calculated: 3, 5, and 7.

 

 

 

Part II Expenses

The following lines are auto-calculated: 3, 5, 7, 27, 28, 29, and 31 (goes to 1040 line 12).

 

Part V Other Expenses

The following line is pre-fill and read-only: First Description Line. (Amortization if Commercial or Personal page mapping; other Depreciation).

Line 48 is auto-calculated.