Schedule

Net Profit From Business Worksheet

(Please include a copy of your last year's return)

PRINCIPAL BUSINESS OR PROFESSION

BUSINESS NAME

BUSINESS ADDRESS, CITY, STATE, ZIP (if any)

(EIN) EMPLOYER ID NUMBER (if any)

Are you the owner of the business? If yes, use schedule C

YESNO

Is the business a D.B.A? If yes, use schedule C

YESNO

Is the business a partnership? If yes, use form 1065 K-1

YESNO

Is the business an LLC? If yes, the default filing for a single member LLC is filing Schedule C with the individual return. The default for a multi-member LLC is filing form 1065 as a partnership unless the entity has applied to be taxed as a different type of entity

YESNO

Is the business a corporation? If yes, a corporation will file either Form 1120 or 1120S, depending on the type of corporation

YESNO

Did you use a log book to determine your gross receipt?

YESNO

If you did NOT use a log book, can you reasonably reconstruct your Gross Receipts?

YESNO

Did you use a log book to determine your expenses?

YESNO

If you did not use a log book, can you reasonably reconstruct your expenses?

YESNO

How were you paid (check all that apply)?

CASHCHECKOTHER

Did you receive a Form 1099-MISC, box 7 income?

YESNO

Did you receive any other income, 1099-NEC, 1099K?

YESNO

INFORMATION ABOUT YOUR VEHICLE

Complete this section only if you are claiming vehicle expenses

(Note: Driving to and from work is considered commuting and generally is not deductible)

What are you using the vehicle for in your business?

When did you place your vehicle in service for business purposes? (month/day/year)

What was the cost to purchase the vehicle?

Which method are you using this year?

STANDARD MILEAGE RATEACTUAL EXPENSES

Which method did you use in the first year you used your vehicle for business?

STANDARD MILEAGE RATEACTUAL EXPENSES

Of the total number of miles you drove the vehicle during 2023, how many miles was the vehicle used for:

a.) Business

b.) Commuting

c.) Other

Do you have written evidence to support your deduction?

YESNO

SUMMARY OF GROSS RECEIPTS

(If you did not use a log book to determine your gross receipts, enter the gross amount you received each month)

January

February

March

April

May

June

July

August

September

October

November

December

TOTAL GROSS INCOME

Advertising (newspaper, signs, business cards, etc.)

Vehicle Expense

Contract Labor

Prior Depreciation (provide copy of last year's depreciation worksheet)

Purchased Items to Use in the Business with a Useful Life of Over a Year (List)

Employee Benefits Program

Interest on Business Loans

a.) Mortgage (paid to bank)

b.) Other

Legal and Professional Services

Travel Expense

Office Expenses

Rent or Lease a.) Vehicles, Machinery, Equipment $

Rent or Lease b.) Other business properties Repairs and Maintenance

Repairs and Maintenance

Supplies used in the business

Taxes and Licenses

Deductible Meals While Away

Overnight

Rental or Lease Payments

Necessary Entertainment Expenses

Utilities (telephone only if a second line in home)

Other Expenses (identify)

$

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 TRUE TAX SERVICE for the preparation of my 2023 individual tax return but did/did not provide them with all of the receipts and records.

diddid not

Signature

Date

Self Employed Client Form

(If you are self employed please list a minimum of 5 clients that you service)

Name

Your First NameYour Last Name

Your SSN

Client Name

Client Phone Number

Service Provided

How long have you provided service for this client

Method of Payment

CLIENT NAME

PHONE NUMBER

SERVICE PROVIDED

HOW LONG HAVE YOU PROVIDED SERVICE FOR THIS CLIENT

METHOD OF PAYMENT

CLIENT NAME

PHONE NUMBER

SERVICE PROVIDED

HOW LONG HAVE YOU PROVIDED SERVVICE FOR THIS CLIENT

METHOD OF PAYMENT

CLIENT NAME

PHONE NUMBER

SERVICE PROVIDED

HOW LONG HAVE YOU PROVIDED SERVICE FOR THIS CLIENT

METHOD OF PAYMENT

CLIENT NAME

PHONE NUMBER

SERVICE PROVIDED

HOW LONG HAVE YOU PROVIDED SERVICE FOR THIS CLIENT

METHOD OF PAYMENT

NAME

PHONE NUMBER

SERVICE PROVIDED

HOW LONG HAVE YOU PROVIDED SERVICE FOR THIS CLIENT

METHOD OF PAYMENT

CLIENT NAME

PHONE NUMBER

SERVICE PROVIDED

HOW LONG HAVE YOU PROVIDED SERVICE FOR THIS CLIENT

METHOD PAYMENT

Under the penalties of perjury, I certify that the information presented in this certification and any evidence submitted with it, is true, accurate, and complete. The undersigned further understands that providing false information for purposes of defrauding the U.S. Department of Treasury may result in demand for repayment and the imposition of penalties and other actions as allowed by law.

Taxpayer Signature

Date

Spouse Signature

Date

Self-Employment

Due Diligence Worksheet

Casual/Conversational When, Where and How Questions

When or how often do you work?

Where did you perform the work?

How many customers/clients do you have?

How do your customers/clients find out about you?

Did you maintain any records of income, expenses or mileage?

Suggestions You Can Make to Client Regarding

Documentation and Record Retention

When or how often do you work?

Keep a calendar or appointment book with income and expenses for each day.

Where did you perform the work?

If you work in different places, write in your calendar or appointment book where you work and the mileage for the day.

How many customers/clients do you have?

Keep a calendar or appointment book with name and location of clients and customers.

Keep records of income received, receipts for purchases and expenses paid. Document mileage in your calendar or Did you maintain any records of income, appointment book. expenses or mileage?

Under the penalties of perjury, I certify that the information presented in this certification and any evidence submitted with it, is true, accurate, and complete and the tax preparer interviewed me to the best of her ability and I answered any and all of the Self employed money received worksheet questions form true, accurate and complete. The undersigned further understands that providing false information for purposesof defrauding the U.S. Department of Treasury may result in demand for repayment and the imposition of penalties and other actions as allowed by law.

Taxpayer Signature

Date

Spouse Signature

Date

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