Can I Skip Parts 2-4 on My Schedule C? - Tax Forum - Tax Help Forum, Payroll Tax Forum, Business Tax Forum, Tax Questions, Free Tax Advice

trentonlaura · 02-24-2010, 05:25 PM

Registered users do not see advertisement

I have no expenses (sections 2 and 4) which I wish to claim nor goods (section 3) to mention associated with my "business".

I'm a freelance affiliate marketer, meaning I have no goods associated with making money. The only expenses I could think to mention would be the $20 or so that I pay for annual hosting of my web domains. I just assume pay taxes on my full income come rather than subtracting something so piddly and when I likely don't have the documentation to back it up right away, either.

This is my first time doing my own Schedule C, so could someone tell me if it's alright to leave all of this blank if I don't believe any of it applies to me... or am I missing something in any of those sections after all?

Taxhound · 02-24-2010, 06:05 PM

If you don't have any expenses or inventory, you might be better off filing a C-EZ instead. It's far more simple and compact than the regular C.

trentonlaura · 02-25-2010, 02:17 PM

Quote:

Originally Posted by Taxhound

If you don't have any expenses or inventory, you might be better off filing a C-EZ instead. It's far more simple and compact than the regular C.

Any idea of how to access a C-EZ in turbo Tax? All I can seem to get is schedule C.

skier_j · 02-26-2010, 02:31 PM

use the help feature perhaps??

I assume there is an interview feature?? maybe that will help

the EZ is for those that have few expenses and perhaps it is a 'checkbox' on the input sheets for turbotax ----maybe??