📄 Extracted Text (246 words)
Schedule C Two-Year Comparison 2017
• Keep for your records
Proprietor name:
Business or profession:
Note: Transferred data will not be displayed in the prior year column unless you have entered
2016 2016 2017 2017 201610 2017
Percent
of Net
Sales'
Percent
of Net
Sales*
Li Comparlslon
as amount
as percent
Income:
1 Gross receipts or sales .
2 Returns & allowances . .
3 Net receipts or sales. .
Cost of goods sold:
4 a Beginning inventory • • •
b Purchases
c Cost of labor
d Materials & supplies . .
a Other costs
f Ending inventory
5 Cost of goods sold. . .
6 Gross profit
7 Other income
8 Gross income
Expenses:
9 Advertising
10 Car & truck expenses .
11 Commissions and fees
12 Contract labor
13 Depletion
14 Depreciation & Sec 179 •
15 Employee benefits • • • •
16 Insurance
17 a Mortgage interest . . .
b Other interest
18 Legal and professional
19 Office expense
20 Pension & profit-sharing
21 Rent or lease:
a Vehicle/machinery/equip
b Other business property.
22 Repairs & maintenance
23 Supplies
24 Taxes and licenses . .
25 a Travel
b Meals & entertainment
26 Utilities
27 Wages (less job credit) •
28 Other expenses
29 Total expenses
30 Tentative profit (loss) .
31 Office in home
32 Net profit (loss)
Passive suspended losses:
Schedule C
Form 4797
Schedule D
'Lines 1 through 32 as a percentage of net sales revenue.
EFTA01222170
ℹ️ Document Details
SHA-256
fcb6af96e86e8e51a31e3ddf4a6bb6f51f779a5f9287a4064ad7479afdf7a299
Bates Number
EFTA01222170
Dataset
DataSet-9
Document Type
document
Pages
1
Comments 0