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Frequently Asked Questions

How do you fill out a Schedule C?

To complete Schedule C, you need records of the income your business received and the cost of goods sold. You must list your business expenses; these include things like rent, utilities, insurance, taxes and depreciation.

What is line 26 on Schedule C?

The purpose of Schedule C, Line 26 is to deduct employee compensation. The IRS has labeled this line "Wages", but employee compensation includes not only wages paid to hourly employees, but also salaries, commissions and bonuses paid to employees.

What are the instructions for Schedule C?

Refer to Help section if you have any concerns or contact our Support team. Put an electronic signature on the Form Instructions 1040 (Schedule C) printable while using the support of Sign Tool. Once the form is finished, click Done. Distribute the ready document through email or fax, print it out or download on your gadget.


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