Step 1. Enter all expenses on the "All Business Expenses" tab of the free template Step 2. Identify the total amount of each expense type by using the filter option on the "All Business Expenses" tab Step 3. Complete the "Schedule C Expense Categories" tab by filter ing expenses on the "All Business Expenses" tab in order

It’s usually paired with a Schedule SE (Form 1040), or self-employment tax form. Schedule C is also where you report your business write-offs. Those are the work-related expenses you incurred during the year, like supplies, software costs, your cell phone bill, and more. Who needs to fill out Schedule C?

Benji has created a business expense spreadsheet that sole proprietors in the US can use to report business income and expenses when filing the Schedule C (Form 1040). Using Schedule C tax categories, this free template helps business owners and freelancers track business expenses and enjoy a less stressful tax season.

Income you report on Schedule C may be qualified business income and entitle you to a deduction on Form 1040 or 1040-SR, line 13. See Forms 8995 and 8995-A, and IRS.gov/Newsroom/Facts-About-the-Qualified-Business-Income-Deduction. Enter gross receipts from your trade or business.