The Schedule C: Tax Form for LLC's
At its core, the Schedule C is nothing more than a profits and losses worksheet for sole proprietors and single-member LLCs (as long as the LLC hasn’t elected to be taxed as a corporation). This form should be filed as an attachment to your personal income return. The form is far from the longest one the IRS has to offer (this one is a two-page, five-part form), but if you’ve never filed a Schedule C you’re bound to feel confused by some of the language you encounter. But have no fear. All you'll find here is an explanation of what the Schedule C requires in the simplest language possible, so you can prepared when it’s time to file. Ready? Let’s go:
Speaker(s): Diane Dawson
Co-Sponsor(s): Terrebonne Economic Development Authority
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