The 1040 Schedule C tax form is a required part of life for anyone who is the sole proprietor of a business. Those who spend their lives as salaried workers may never need to think about or use ...

Who needs Schedule C? Let's take a closer look at who needs to file 1040 Schedule C and define some terms along the way. Basically, if you're self-employed, you will most likely have to use ...

The checkbox appears on the second early release draft of the 2019 Form 1040, Schedule 1, Additional Income and Adjustments to Income (downloads as a PDF).

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, ...

The average fee for a professional to prepare and submit a 1040 and state return with no itemized deductions is $176, the average fee for an itemized 1040 with Schedule A and a state tax return is ...

Form 1040 is the main tax form used to file a U.S. individual income tax return. The 1040 shows income, deductions, credits, tax refunds or tax owed to the IRS.

The SBA has issued Paycheck Protection Program (“PPP”) guidance for self-employed individuals who file an IRS Schedule C with their Form 1040 to report their self-employment income. It raises ...