Schedule C software that builds the form from your income and expenses

Schedule C is where sole proprietors and single-member LLCs report business profit and loss, and it trips up a lot of filers. Every expense needs the right category, the math has to flow into self-employment tax, and a misplaced number can throw off the whole return. Filling it by hand means decoding line codes and hoping you put things in the correct boxes.

TaxFile is Schedule C software that builds the form for you. It takes your business income and categorized expenses, places each in the right line, and totals your profit or loss. It finds the deductions you qualify for, carries the result into self-employment tax and your full return, and runs an error check. You review the completed Schedule C and the rest of your return before it e-files through an authorized IRS e-file provider. Not tax advice. Review your return before filing; consult a CPA for complex situations.