To enter or review information for your business on Federal Schedule C (Form 1040) Profit or Loss from Business (Sole Proprietorship):

1. From within your TaxAct return (Online or Desktop), click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
2. Click the Business Income dropdown, then click Business income or loss from a sole proprietorship.
3. Click + Add Schedule C to create a new copy of the form or click Edit to edit a form already created (desktop program: click Review instead of Edit).
4. Continue with the interview process to enter your information.

Related Links

• Schedule C - Entering Business Expenses in Program
• Business Income vs. Nonbusiness Income

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.