If you are a sole proprietor, you report your business profit or loss on Internal Revenue Service Schedule C of Form 1040, Profit or Loss From Business. If you sell merchandise or manufacture a ...
Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are from ...
Use Schedule C to report all financial activity from your business. The form contains two basic sections: the money you received and the money you paid out in cost of the merchandise you sold or in ...