What is a Schedule C?
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Schedule C, Profit or Loss From Business is the primary IRS form used to report the income and expenses for a sole proprietorship. If you own your own business, have not incorporated or filed any other formation documents, then you will file a Schedule C with your personal income tax return to report the income and expenses for that business.
Sole proprietorships typically include: Real Estate Professionals Health Insurance Sales Agents Indepenent Contractors Landscape Professionals Consultants Independent Sales Agents Mary Kay Avon Amway |
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