BUSINESS TOOLS · SCHEDULE C WORKSHEET

Your business.
Your numbers, organized.

A simple profit & loss worksheet, organized in IRS Schedule C order. Enter your sales and deductible expenses to see your estimated net profit or loss.

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Business details

Company / business nameIf you are a sole proprietor or 1099 contractor without a registered name, please enter your personal name.Tax yearPrincipal business or profession

PART I

Income

1Gross receipts or sales

2Returns and allowances

3Net receipts$0.00

4Cost of goods sold

5Gross profit$0.00

6Other income

7Gross income$0.00

Enter cost of goods sold from your inventory records (Schedule C, Part III). Do not include the same costs again in expenses below.

PART II

Expenses

Enter deductible business amounts only. Leave categories that do not apply blank; blanks count as zero in totals.

8Advertising

Do you use a car or truck for your business?

9 · Car and truck expense estimate$0.00

10Commissions and fees

11Contract labor

12Depletion

13Depreciation and section 179 expense deductionExclude depreciation already included in cost of goods sold.

14Employee benefit programsExclude amounts on line 19.

15Insurance (other than health)

16aInterest — mortgage (paid to banks, etc.)

16bInterest — vehicle loan

16cInterest — other

17Legal and professional services

18Office expense

19Pension and profit-sharing plans

20aRent or lease — vehicles, machinery, and equipment

20bRent or lease — other business property

21Repairs and maintenance

22SuppliesExclude supplies included in cost of goods sold.

23Taxes and licenses

24aTravel

24bDeductible mealsEnter the deductible amount after applicable meal limitations. This form does not apply a percentage automatically.

25Utilities

26Wages (less employment credits)

27aEnergy efficient commercial buildings deductionUse the allowable deduction from Form 7205.

27bOther expensesTotal of other business expenses not listed above.

Other expense details

28Total expenses before home office$0.00

29Tentative profit or loss$0.00

Do you use your home office for business?

30 · Home-office expense estimate$0.00

31Net profit or loss$0.00

A clearer starting point for your return.

This worksheet uses the 2026 Schedule C category layout; earlier-year selections adjust mileage rates, but line numbering may differ. It organizes income and expense information for sole proprietors and eligible single-member LLCs. It is not a complete Schedule C, an e-filed return, or a tax calculation. Eligibility, depreciation, home-office deductions and loss limitations require separate review. Corporations and partnerships generally use different tax returns.

View IRS Schedule C ↗

Your business.
Your numbers, organized.

Business details

Income

Expenses

Taxpayer attestation

Review & sign your report

A clearer starting point for your return.

Your business.Your numbers, organized.

Business details

Income

Expenses

Taxpayer attestation

A clearer starting point for your return.

Your business.
Your numbers, organized.