Schedule C Worksheet

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Schedule C Worksheet
Principal Business or Profession ____________________________________ Business Name: _____________________________
Address (if different than home): ________________________________________________________________________________
City, State, Zip: __________________________________________________ Employer ID # (EIN) _________________________
Income
Please provide all income received including any 1099 Misc Forms. $ _________________________________________________
Expenses
Advertising
$_________________
Office Expenses
$_________________
Commissions & Fees
$_________________
Supplies
$_________________
Contract Labor
$_________________
Repairs/Maintenance
$_________________
Employee Payroll
$_________________
Rent/Lease Bus machinery/equipment, Etc.
Employee Benefits
$_________________
$_________________
Taxes (All Incl. Payroll) $_________________
Legal/Professional Fees $_________________
Licenses
$_________________
Meals
$_________________
Office Rent/Mortgage Int. $_________________
Entertainment/Gifts
$_________________
Utilities
$_________________
Tax Prep Fees
$_________________
Other Expenses: Please List Name & Amount:
Do You use a vehicle in your business? If so, please provide the following information:
Vehicle Make/Model _______________________
Date Placed in service in business: ___________________________
What was the purchase price of the vehicle: $ _____________________ Was the vehicle available for personal use ? YES NO
Do you have written evidence to support your vehicle deduction( Mileage Log or Receipts)?
YES NO
Are you claiming Mileage or actual expenses? (Note: You must claim the same as you claimed in previous years)____________
MILEAGE: Total Miles ____________________ Business Miles ____________________ Personal Miles_____________________
ACTUAL EXPENSES: Gas, maintenance, repairs, taxes, interest on loan, DMV fees, etc: $_______________________________
Parking & Tolls ________________________
If you do not have any business expenses, please provide an explanation: ______________________________________________
____________________________________________________________________________________________________________
I, acknowledge that I have receipts and records regarding my personal business in my possession. I have provided the above
summary to Huffman & Phelps Tax Service for the preparation of my income tax return.
Signature: _________________________________________________________________ Date: ____________________________

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