Schedule C Worksheet

Prestigious Tax Pro Schedule C Worksheet
For Self Employed Businesses and/or Independent Contractors

IRS requires we have on file your own information to support all Schedule C's
Business Name (if any)
Address (if any)
Is this your first year in business?

YesNo
Federal ID # (if any)
Did you make payments requiring a Form 1099?

YesNo
If yes, Did you file the required Form 1099?

YesNo
Total Gross Business Income (not necessarily amount shown on 1099's)
Retail Businesses ONLY:
Beginning Inventory
Merchandise Purchased for Resale
Cost of labor (Do not include $'s paid to yourself)
Materials & Supplies
Other Direct Sales Costs
Ending Inventory
All Businesses
Advertising
Commission and Fees
Contract Labor (1099's Issued, if app)
Health Insurance (for you)
Health Insurance (for your employees)
Mortgage Interest (if paid for business)
Other Interest Paid
Professional Fees
Office Expenses
Rent on Business Property
Equipment Rentals
Telephone _______% used for Business
Repairs and Maintenance
Supplies (not included above)
Real Estate Taxes (If paid for business)
Other Taxes (Payroll)
Travel (do not include meals)
Meals and Entertainment
Utilities
Wages (W-2's Issued)
Bank and CC Charges
Tools
Uniforms...Logo
License/Dues
Other
Business Mileage (Do not include mileage to and from home unless your office is your home)
Question MUST be answered, Do you have "evidence" to support your mileage?

YesNo
If yes, is the "evidence" written?

YesNo
"Evidence" includes mileage logs, appointment records, calendars, etc. plus IRS could ask for odometer readings from oil changes, repair invoices, purchase and sale documents.
Did you purchase any major pieces of equipment?

Yes (if yes, please list equipment below)No
Equipment
Date

MonthDayYear
Date
Amount
Equipment
Date

MonthDayYear
Date
Amount
Do you have an Office in Your Home?

Yes (If yes, complete questions below)No
Sq. Ft of Office
Sq. Ft of Home
I certify that I have listed all income, all expenses, and I have documentation to back up the figure entered on this worksheet. For tax year:
Printed Name
Signature

Clear
Date

MonthDayYear
Date
Should be Empty:

Prestigious Tax Pro Schedule C Worksheet

Retail Businesses ONLY:

All Businesses

"Evidence" includes mileage logs, appointment records, calendars, etc. plus IRS could ask for odometer readings from oil changes, repair invoices, purchase and sale documents.