Federal Tax Form 1040 Schedule C-EZ - Net Profit from Business (Sole Proprietorship)

Schedule C-EZ (Form 1040) can be used in place of Schedule C only if the following apply:

• You had business expenses of $5,000 or less
• You use the cash method of accounting
• You did not have an inventory at any time during the year
• You did not have a net loss from your business
• Had only one business as either a sole proprietor or statutory employee

And:

• You had no employees during the year
• You are not required to file Form 4562, Depreciation and Amortization, for this business. See the instructions for Schedule C, line 13, on page C-4 to find out if you must file
• You do not deduct expenses for business use of your home
• You do not have prior year unallowed passive activity losses from this business

Form name	Instructions	Form
2007 Federal Tax Form 1040 Schedule C-EZ - Net Profit from Business (Sole Proprietorship)
2006 Federal Tax Form 1040 Schedule C-EZ - Net Profit from Business (Sole Proprietorship)	-
2005 Federal Tax Form 1040 Schedule C-EZ - Net Profit from Business (Sole Proprietorship)	-