2023 Federal Form 1040 Schedule C - Profit Or Loss From Business

The Federal Form 1040 Schedule C, titled "Profit or Loss From Business," is an essential component of the U.S. individual income tax return. It is used by sole proprietors, freelancers, and independent contractors to report their business income and expenses. Schedule C is attached to the main Form 1040 and helps calculate the net profit or loss from the taxpayer's business activities.