Self-employed taxpayers must file Schedule C to report their profit or loss from a business. A taxpayer is considered self-employed if he or she is: • Carrying on a trade or business as a sole proprietor • An independent contractor • A member of a partnership • In business for himself or herself in any other way Self-employment can include work in addition to regular full-time business activities, such as certain part-time work done at home or in addition to a regular job. For taxpayers who owned more than one business, a separate Schedule C must be completed for each business. Use Schedule C to report the following gross receipts: • Income received from business activity • Goods or services received through bartering #StephensBrosTaxService #GoodsandService #BusinessOwner #Entrepreneur #BusinessType #Bartering #ScheduleC #Soleproprietor #IndependentContractor #Partnership https://www.instagram.com/p/BqI1fRQnUGd/?utm_source=ig_tumblr_share&igshid=klt2uze30f6n
