Starting in tax year 2015, TaxAct now supports Schedule C-EZ. Although a taxpayer may be eligible to use Federal Schedule C-EZ, it is never required.
The IRS instructions for Schedule C-EZ, Net Profit From Business, indicate you may use Schedule C-EZ instead of Schedule C only if you meet all of the following qualifications:
If you have the TaxAct Free or Basic edition, you will be prompted to upgrade to TaxAct Plus (for Schedule C-EZ) or TaxAct Premium (for Schedule C) during the Self-Employment section.
To enter the data in the program to complete Schedule C OR Schedule C-EZ:
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.