Schedule C-EZ (Form 1040) 2017
Page 2
Instructions
Future developments. For the latest information about
developments related to Schedule C-EZ (Form 1040) and its
instructions, such as legislation enacted after they were published,
go to www.irs.gov/ScheduleCEZ.
▲
!
CAUTION
Before you begin, see General Instructions in the 2017
Instructions for Schedule C.
You can use Schedule C-EZ instead of Schedule C if:
• You operated a business or practiced a profession as a sole
proprietorship or qualified joint venture, or you were a statutory
employee, and
• You have met all the requirements listed in Schedule C-EZ, Part I.
For more information on electing to be taxed as a qualified joint
venture (including the possible social security benefits of this
election), see Qualified Joint Venture in the Instructions for Schedule
C. You can also go to IRS.gov and enter “qualified joint venture” in
the search box.
Line A
Describe the business or professional activity that provided your
principal source of income reported on line 1. Give the general field
or activity and the type of product or service.
Line B
Enter the six-digit code that identifies your principal business or
professional activity. See the Instructions for Schedule C for the list
of codes.
Line D
Enter on line D the employer identification number (EIN) that was
issued to you and in your name as a sole proprietor. If you are filing
Form 1041, enter the EIN issued to the estate or trust. Do not enter
your SSN. Do not enter another taxpayer’s EIN (for example, from
any Forms 1099-MISC that you received). If you do not have an
EIN, leave line D blank.
You need an EIN only if you have a qualified retirement plan or
are required to file an employment, excise, alcohol, tobacco, or
firearms tax return, are a payer of gambling winnings, or are filing
Form 1041 for an estate or trust. If you need an EIN, see the
Instructions for Form SS-4.
Single-member LLCs. If you are the sole owner of an LLC that is
not treated as a separate entity for federal income tax purposes,
enter on line D the EIN that was issued to the LLC (in the LLC’s
legal name) for a qualified retirement plan, to file employment,
excise, alcohol, tobacco, or firearms returns, or as a payer of
gambling winnings. If you do not have such an EIN, leave line D
blank.
Line E
Enter your business address. Show a street address instead of a
box number. Include the suite or room number, if any.
Line F
See the instructions for Schedule C, line I, to help determine if you
are required to file any Forms 1099.
Line 1
Enter gross receipts from your trade or business. Include amounts
you received in your trade or business that were properly shown on
Form 1099-MISC. If the total amounts that were reported in box 7 of
Forms 1099-MISC are more than the total you are reporting on line
1, attach a statement explaining the difference. You must show all
items of taxable income actually or constructively received during
the year (in cash, property, or services). Income is constructively
received when it is credited to your account or set aside for you to
use. Don’t offset this amount by any losses.
Line 2
Enter the total amount of all deductible business expenses you
actually paid during the year. Examples of these expenses include
advertising, car and truck expenses, commissions and fees,
insurance, interest, legal and professional services, office expenses,
rent or lease expenses, repairs and maintenance, supplies, taxes,
travel, the allowable percentage of business meals and
entertainment, and utilities (including telephone). For details, see the
instructions for Schedule C, Parts II and V. You can use the optional
worksheet below to record your expenses. Enter on lines b through
f the type and amount of expenses not included on line a.
If you claim car or truck expenses, be sure to complete Schedule
C-EZ, Part III.
Line 3
Nonresident aliens using Form 1040NR should also enter the total
on Schedule SE, line 2, if you are covered under the U.S. social
security system due to an international social security agreement
currently in effect. See the Instructions for Schedule SE for
information on international social security agreements.
Line 5b
Generally, commuting is travel between your home and a work
location. If you converted your vehicle during the year from personal
to business use (or vice versa), enter your commuting miles only for
the period you drove your vehicle for business. For information on
certain travel that is considered a business expense rather than
commuting, see the Instructions for Form 2106.
Optional Worksheet for Line 2 (keep a copy for your records)
a Deductible meals and entertainment (see the instructions for Schedule C, line 24b) . . . . . . . a
b b
c c
d d
e e
f f
g Total. Add lines a through f. Enter here and on line 2 . . . . . . . . . . . . . . . . g
Schedule C-EZ (Form 1040) 2017