SCH C WORKSHEET

Tax Client Schedule C info - One Form Per Business

Fill out COMPLETELY or use "N/A".

►IRS requires we have on file your own information to support all Schedule C’s
Name

First NameLast Name
Business Name:
Business Address (if any):
Federal ID # (if any)
Business website (if applicable)
Is this your first year in business?

YesNo
Did you make payments requiring a Form 1099 (Contract Labor)?
If yes, did you file the required Form 1099?
Accounting Method Used?

CashAccrualOther (Specify)
Total Gross Business Income (not necessarily amount shown on 1099's)
Provide a description of your business (Type work, product sold, service provided, hours of operation, where conducted, etc)
Did you receive Forms 1099-NEC, MISC, or K for income reported? Upload here

Upload 1099 NEC, 1099 MISC,
Cancelof
How do you advertise your business? If you pay for advertisement, submit copies of receipts or other proof of payment.
Did you file State or Local sales tax returns for the year?

YesNo
Provide copies of records to support the business income reported for any income you received not included on form 1099. Check all boxes that apply

Business/Personal Bank account statement with business income highlightedAccounting recordsElectronic payment records (Apple, Zelle, Paypal, CashApp, etc)Logbooks/LedgersInvoices/Receipts issued to customers for goods and services
Provide copies of records to support business expenses reported. Check all boxes that apply

Invoices/Receipts received from suppliers for goods and services purchasedMileage log and receipts for actual car/truck expensesBusiness insurance contractsElectronic payment records (e.g., Apply Pay, Paypal, Zelle, CashApp) with expenses highlightedBank/Credit card statements with expenses highlightedOther
ALL BUSINESSES:
Advertising
Car and Truck expenses
Commissions and Fees
Contract labor
Insurance (other than health, ex: business,E&O)
Repairs and maintenance
Supplies (ex., ink, paper, pens, break room supplies, printer ink, etc)
Office Expenses (ex., website service, computer software, domain name, office phone systems, employee cell phones, merchant fees, etc)
Travel (do not include meals)
Meals and Entertainment
Taxes / Licenses / Dues
Wages (W 2's Issued)
Legal & Professional services
Bank and CC Charges
Rent or Lease / Vehicles, machinery, equipment, or other business property?
Uniforms / logo .. YES or NO (if so, total?)
Telephone cost/ % used for business
Telephone cost / % used for business
Other (Prior yr Tax Prep fees, etc)
Business Mileage (Do not include mileage to and from home unless your office is in your home)
Question MUST be answered>> Do you have "evidence" to support your mileage?

YesNo
and this if applicable >> If yes, is the "evidence" written?

YesNo
Did you purchase any major pieces of equipment?

NoYes, please list bleow
Equipment / Amount /Date Purchased
Date

MonthDayYear
Date
Equipment
Date

MonthDayYear
Date
Amount
Equipment
Date

MonthDayYear
Date
Tax Client Home Office Deduction Info

Note: Effective 2018, Home Office Deduction only available to self-employed
Are you claiming the use of a home office?

YesNo
Do you have an Office in Your Home?

YesNo -IF YES Complete questions below
Date home was first used for business:
Sq. Ft. of area used for Home Office
Sq. Ft of Home
The IRS now allows an optional standard $5 per square foot deduction (maximum 300 square ft). If you would like to choose this option rather than Standard Option, enter the necessary info below, otherwise, skip this section and complete the Standard Option section below.
I would like to use the "Simplified Option" to claim my Home Office Deduction

YesNo
Standard Option - Deduction Expenses
Real Estate Taxes:
Deductible Mortgage Interest:
Insurance:
Rent:
Repairs & Maintenance:
Utilites:
Other:
Do you have depreciable assets? (Vehicle, machine or building used for business)

YesNo
If yes, describe:
Upload Supporting Business Documents Here:
Thank you for choosing our firm to prepare your income tax returns for tax year 2024. This shall confirm the services we will provide.

We will prepare your federal and state returns for tax year 2024 based on information you provide. Although our work will not include procedures to discover irregularities or inaccuracies in the tax data you provide, we may ask for clarification of certain information, or additional information, so that we can prepare accurate and complete returns for you.

It is your responsibility to provide all necessary information related to income and deductions for tax year 2024, and to respond to our inquiries in a timely manner so that we are able to accurately complete your returns by the appropriate due dates.

You are responsible for maintaining appropriate records, such as official tax documents you receive, receipts and substantiation for your deductions, and purchase and sales information for assets.

It is your responsibility to review your returns before they are filed to determine that all income has been correctly reported and that you have substantiation for your deductions. Filing your returns by the due dates is your responsibility.

If your returns are later selected for review or audit by taxing authorities, we will be glad to assist or represent you if you desire. Our fees for preparing your returns do not include time that might be necessary to assist you during a taxing authority review.

Our fees for preparation of your returns are based upon our standard billing rates plus out-of-pocket expenses. Our invoices are due and payable upon presentation.

If this letter accurately summarizes your understanding of our agreement relating to the preparation of your tax returns, please sign below in the space indicated and return it to us.

Thank you again for choosing our firm to prepare your 2024 tax return. We appreciate your business.

Sincerely,

Taxes R Us Elite llc
For Tax Year
Printed Name
Signature

Clear
Date

MonthDayYear
Date
Should be Empty:

ALL BUSINESSES:

Tax Client Home Office Deduction Info

Standard Option - Deduction Expenses