Schedule C

Self-employment tax document

Schedule C is an IRS tax form used by self-employed individuals to report business income and expenses.

Sole proprietors, freelancers, and independent contractors file Schedule C with their personal tax return to calculate net profit or loss: I deduct my home office on Schedule C.

The form determines self-employment tax liability.

Opposites
employment status/income source

Schedule CW-2

Employer-issued tax form

wage earner · salaried worker · paycheck

business structure

Schedule Ccorporate tax return

Company's income report to government

corporate structure · corporate income

tax outcome

Schedule Cbusiness loss

Negative net income

Phrases
Family

schedule, schedules, scheduled, scheduler, schedulers, unscheduled, reschedule, rescheduled

Familiarity
Top 500,000
Profile
Mostly American · Timeless · Rated G