schedule-c-due-diligence Logo
  • 1. Please provide a description of your occupation
  • 2. Did you receive Form(s) 1099M or 1099K for the income reported?
  • B. If question 2 is No, please explain business income received.
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  • B. If 6A is Yes, complete mileage log below.Total business miles 

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  • Schedule C Authorization Worksheet
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  • Skip Section II. and complete Section III.If Line 7, option A is checked, then this section MUST be completed during the interview with the taxpayer.Gross Receipts (1099M,1099K, received,etc
  • Inventory at beginning of year
  • Purchases less cost of items withdrawn for personal use
  • Cost of labor. Do not include any amounts paid to yourself
  • Cost of goods sold (subtract line H from line G)
  • Total Income (subtract line / from line A)
  • Contract labor (if over $600, 1099M(s) must be issued)
  • **Amount must be equal to Line28 of the Schedule C or Line 3 of the Schedule CEZ
  • In order to comply with federal due diligence regulations, tax preparer's may reasonably reconstruct a taxpayer's income and expenses for the tax year. By signing below, I agree that the information provided is neither inconsistent, incorrect, or incomplete.
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