SCHEDULE C
(Form 1040 or 1040-SR
)
Department of the Treasury
Internal Revenue Service (99)
Profit or Loss From Business
(Sole Proprietorship)
▶
Go to www.irs.gov/ScheduleC for instructions and the latest information.
▶
Attach to Form 1040, 1040-SR, 1040-NR, or 1041; partnerships generally must file Form 1065.
OMB No. 1545-0074
2019
Attachment
Sequence No. 09
Name of proprietor Social security number (SSN)
A Principal business or profession, including product or service (see instructions)
B Enter code from instructions
▶
C Business name. If no separate business name, leave blank.
D
Employer ID number (EIN) (see instr.)
E
Business address (including suite or room no.)
▶
City, town or post office, state, and ZIP code
F Accounting method: (1)
Cash (2) Accrual (3) Other (specify)
▶
G Did you “materially participate” in the operation of this business during 2019? If “No,” see instructions for limit on losses .
Yes No
H If you started or acquired this business during 2019, check here . . . . . . . . . . . . . . . . .
▶
I Did you make any payments in 2019 that would require you to file Form(s) 1099? (see instructions) . . . . . . . .
Yes No
J If “Yes,” did you or will you file required Forms 1099? . . . . . . . . . . . . . . . . . . . . .
Yes No
Part I Income
1
Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on
Form W-2 and the “Statutory employee” box on that form was checked . . . . . . . . .
▶
1
2 Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Cost of goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . 4
5 Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . 5
6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) . . . . 6
7 Gross income. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . .
▶
7
Part II
Expenses. Enter expenses for business use of your home only on line 30.
8 Advertising . . . . . 8
9
Car and truck expenses (see
instructions) . . . . .
9
10 Commissions and fees . 10
11
Contract labor (see instructions)
11
12 Depletion . . . . . 12
13
Depreciation and section 179
expense deduction (not
included in Part III) (see
instructions) . . . . .
13
14
Employee benefit programs
(other than on line 19) . . 14
15
Insurance (other than health)
15
16 Interest (see instructions):
a
Mortgage (paid to banks, etc.)
16a
b Other . . . . . . 16b
17
Legal and professional services
17
18 Office expense (see instructions) 18
19
Pension and profit-sharing plans .
19
20 Rent or lease (see instructions):
a
Vehicles, machinery, and equipment
20a
b Other business property . . . 20b
21 Repairs and maintenance . . . 21
22
Supplies (not included in Part III) .
22
23 Taxes and licenses . . . . . 23
24 Travel and meals:
a Travel . . . . . . . . . 24a
b
Deductible meals (see
instructions) . . . . . . . 24b
25 Utilities . . . . . . . . 25
26 Wages (less employment credits) . 26
27 a Other expenses (from line 48) . . 27a
b Reserved for future use . . .
27b
28 Total expenses before expenses for business use of home. Add lines 8 through 27a . . . . . .
▶
28
29 Tentative profit or (loss). Subtract line 28 from line 7 . . . . . . . . . . . . . . . . . 29
30
Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829
unless using the simplified method (see instructions).
Simplified method filers only: enter the total square footage of: (a) your home:
and (b) the part of your home used for business:
. Use the Simplified
Method Worksheet in the instructions to figure the amount to enter on line 30 . . . . . . . . .
30
31 Net profit or (loss). Subtract line 30 from line 29.
• If a profit, enter on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040-NR, line
13) and on Schedule SE, line 2. (If you checked the box on line 1, see instructions). Estates and
trusts, enter on Form 1041, line 3.
• If a loss, you must go to line 32.
}
31
32 If you have a loss, check the box that describes your investment in this activity (see instructions).
• If you checked 32a, enter the loss on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or
Form 1040-NR, line 13) and on Schedule SE, line 2. (
If you checked the box on line 1, see the line
31 instructions).
Estates and trusts, enter on Form 1041, line 3.
• If you checked 32b, you must attach Form 6198. Your loss may be limited.
}
32a All investment is at risk.
32b
Some investment is not
at risk.
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11334P Schedule C (Form 1040 or 1040-SR) 2019
