PTIN Seal

Sole Proprietorship - Schedule C

  1. PTINdirectory
  2. Tax Knowledge Database
  3. Sole Proprietorship - Schedule C
  4. Statutory Employee reporting

Statutory Employee reporting

Statutory employees report their income and expenses on Schedule C instead of as miscellaneous deductions on Schedule A subject to the 2% AJI floor limitation. Generally, statutory employees are full time life insurance salespersons, full time traveling sales persons and pieceworkers.

Need Professional Help?

If you need help with "Sole Proprietorship - Schedule C" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.