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- Schedule C is a tax form for self-employed people to report business income and expenses12. It is part of your individual tax return and is used to report tax-deductible business expenses, such as home office or equipment costs2. If a business's net profit is more than $400, the taxpayer may owe self-employment taxes2. You just attach the Schedule C form to your 1040 form at tax time1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A Schedule C form is how you report any self-employed earnings from a sole proprietorship to the IRS. It’s part of your individual tax return. You just attach the Schedule C form to your 1040 form at tax time. Schedule C is where you record your business income and expenses, and your overall profit or loss for that tax year.www.freshbooks.com/hub/taxes/schedule-c-formSchedule C is a tax form for self-employed people to report business income. It's also used to report tax-deductible business expenses, such as home office or equipment costs. If a business's net profit is more than $400, the taxpayer may owe self-employment taxes.www.businessinsider.com/personal-finance/what-i…
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