How to fill out a self-calculating Schedule C, Profit or Loss From Business

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This is the best fucking tutorial I have seen in my life. Sincerely.

humblebwonderful
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Thank You for elaborating on the Schedule C information.
It is greatly appreciated.

Thank You,
Natasha

natashasamuel
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I dont own a business or have much income but one day im going to be a businessman so im learning everything i can to stay prepared

FBi_.
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This video is the best! Thanks so much!

SOLECIALgirl
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Thank you so very much, sir. Listening to you I just learned that section D “Employer I.D. number” is for one I myself may have ( because as a business owner I may have employees). Not to for the employer you issued my 1099-NEC. I am a freelance translator. Anyway, hope you are doing well and safe. February 21, 2021.

ponceperales
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We appreciate your work, thank you so much! :)

Tekn
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Yay. My like just made the 1000th like. 👍🏾

ceez
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How was the form automatically filling itself out by calculating & adding/subtracting the numbers, when filling out the different sections?

MongooseReflexes
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playback speed 1.75 thank god for that lol

RyanInLA
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Hi. If I have only 1 source of business income which is a net loss of say -5k (calculated on Schedule C), do I enter -5k on line 1 of form 1040?

Because if I enter W-2 income of say 60k on line 1 of 1040 and apply the standard deduction of 25, 300, I can't seem to get my AGI to a net loss number.

I greatly appreciate your videos btw!

joapps
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So how much do you have to pay back in taxes I’m this secenario, I didn’t hear anything about social sec & Med or fed taxes

victor_beltran
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Me my husband and my son needs our Stimulus money we do not fill out any forms we need our 2000 our 1, 400 what ever they are going to send to us they need to be sending it quickly as possible Thank you!!!

mistycouch-mxbu
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Thank you? I need help for my get my payment$1400 stimulus check

mariotwiddy
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How do I calculate student loan interest deduction for form 1040?

fluminesesoc
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So let’s say we having starting inventory worth 5K and I decided to restock more during the year. Where does this expense get taken into account?

Alison-sjww
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Does this mean the entire 75, 572 is taxable ? Or can we say for reasonable compensation he chose to only pay himself with a 1099 or W-2 half of that 75, 572 for the year and the remaining is being saved for capital ? Would this apply for sole proprietorship or only for LLC ?

neondiamondsaquaberry
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how do you find out if its a 7 year property and what would be considered depreciation? Any examples?

BillionaireDubaii
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where do you get the code for self calculating form ?

dailyhiphoplive
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Does anybody' know how to calculate or get your anual revenue on your taxes ? (For a ppp loan) thanks

percyflores
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Hi, thanks 😊, I have a question. What about 1099 k where I write the 1099 k, I don’t know where it going .maybe in the line 1c because in 1099k I saw in this line, thank you, I give you my like and I subscribed too.

yericovidal