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Do I need a business name for a Schedule C?

Schedule C requires that a business name be entered \u2013 either an actual business name, or your own name since you are a sole proprietor. If you are seeing an error message, that field may have been left blank as you went through that section of the program. The business name is in the Business Profile.

Can you file Schedule C without LLC?

Who Must File Schedule C. If you operate your business as a sole proprietorship (that is, you have not designated a legal business entity such as an LLC, corporation, or partnership), you must complete a Schedule C.

Why is it asking me for a Schedule C?

Schedule C is used to report income and expenses from a business you own as a sole proprietor or single-member LLC. If you are self-employed or receive 1099-NEC Forms, you'll likely need to use Schedule C to report income and expenses for your trade or business.

How do I fill out a Schedule C if I don't own a business?

You do not own a business in the typical meaning of the term. As description of the business, just enter your activity (for example: electrician, driver, consultant, etc...). The address of the business is your personal address.

Where do I enter Schedule C income?

If you received a Form W-2 and the "Statutory employee" box in box 13 of that form was checked, report your income and expenses related to that income on Schedule C. Enter your statutory employee income from box 1 of Form W-2 on line 1 of Sched- ule C and check the box on that line.

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