Department of the Treasury
Internal Revenue Service (99)
Net Profit From Business
© Partnerships, joint ventures, etc., generally must file Form 1065 or 1065-B.
© Attach to Form 1040, 1040NR, or 1041. © See instructions on page 2.
OMB No. 1545-0074
Sequence No. 09A
Name of proprietor
Social security number (SSN)
You May Use
Only If You:
© ● Had business expenses of $5,000 or
● Use the cash method of accounting.
● Did not have an inventory at any time
during the year.
● Did not have a net loss from your
● Had only one business as either a
sole proprietor, qualified joint venture,
or statutory employee.
● Had no employees during the year.
● Are not required to file Form 4562,
Depreciation and Amortization, for
this business. See the instructions for
Schedule C, line 13, on page C-5 to
find out if you must file.
● Do not deduct expenses for business
use of your home.
● Do not have prior year unallowed
passive activity losses from this
A Principal business or profession, including product or service
B Enter business code (see page 2)
C Business name. If no separate business name, leave blank.
D Enter your EIN (see page 2)
E Business address (including suite or room no.). Address not required if same as on page 1 of your tax return.
City, town or post office, state, and ZIP code
Figure Your Net Profit
Gross receipts. Caution. See the instructions for Schedule C, line 1, on page C-4 and check
the box if:
● This income was reported to you on Form W-2 and the “Statutory employee” box
on that form was checked, or
● You are a member of a qualified joint venture reporting only rental real estate
income not subject to self-employment tax.
Total expenses (see page 2). If more than $5,000, you must use Schedule C
Net profit. Subtract line 2 from line 1. If less than zero, y