Form 1040-C

What Is Form 1040-C?

Are you a freelancer or a small business owner? Then Schedule C (or 1040-C form) is what you most likely should submit within the deadline stated by the IRS. With that being said, you fill out and file this form for the purpose of reporting the amount of money you’ve earned or lost while operating your U.S.-based business. 

Form 1040-C consists of five parts where you report:

• the income from your business and your gross profit;
• your business expenses (plus, calculate your net profit or net loss);
• as well as report your car (or other inventory) expenses.

Now, bear in mind that form 1040-C is for non-resident aliens of the U.S. only. If you’re among them (and if you’re planning to leave the U.S.), you must file this form to ultimately determine how much tax you owe for the current fiscal year.

Looking for a printable PDF file of form 1040-C? We’ve got you covered. PDFLiner is where you will find thousands of IRS tax forms and get the possibility to complete them online — no paperwork needed. You’re welcome to fill out the form based on the IRS instructions or seek professional help to avoid any errors. As a matter of fact, asking your bookkeeper to fill out and submit this form for you is a wise (and stress-free) decision.

IRS Form 1040-C Resources

https://www.irs.gov/instructions/i1040c

https://www.irs.gov/pub/irs-pdf/f1040c.pdf

Related to Form 1040-C Documents

• 1040NR-EZ Online
• Tax Form 1042 S
• IRS Form 1040 Schedule H