The IRS used to use the Consumer Price Index (CPI) to calculate the past year’s inflation. This is done to prevent what is called “bracket creep,” when people are pushed into higher income tax brackets or have reduced value from credits and deductions due to inflation, instead of any increase in real income. Instructions for Schedule C (Form 1040), Profit or Loss from Business (Sole Proprietorship).On a yearly basis the IRS adjusts more than 40 tax provisions for inflation.Department of the Treasury, Internal Revenue Service. About Schedule C-EZ (Form 1040), Net Profit from Business (Sole Proprietorship).Please report any broken Schedule C-EZ form and instructions booklet links using our contact us page found at the bottom of this page. If you filed Form Schedule C-EZ in prior years, then you will use the longer IRS Schedule C for the current year. 2020 Schedule C-EZ Instructions (obsolete)įorm Schedule C-EZ was discontinued by the IRS beginning with the 2019 income tax year.2021 Schedule C-EZ Instructions (obsolete).2022 Schedule C-EZ Instructions (obsolete).These free PDF files are unaltered and are sourced directly from the publisher. No business use of your home deductions.Ĭlick any of the IRS Schedule C-EZ form links below to download, save, view, and print the file for the corresponding year.Operate a business as a sole proprietor.Practice a profession (freelance, instructor, agent, etc).While there are instructions on page two of the Schedule C-EZ form, we have provided a link to the longer Schedule C instructions booklet below as well. Schedule C-EZ is the simplified version of the longer Schedule C. You can not file Schedule C-EZ with one of the shorter IRS forms such as Form 1040A or Form 1040EZ. Page one of IRS Form 1040 and Form 1040NR requests that you attach Schedule C or Schedule C-EZ to report a business income or loss. Prior year Schedule C-EZ tax forms and instructions can still be printed using the links below on this page. If you filed Schedule C-EZ in prior years, then you will use the longer Schedule C this year. Schedule C-EZ has been discontinued by the IRS beginning with the 2019 income tax year.

Page one of the 2018 Schedule C-EZ form alongside the cover page of the 2018 Schedule C-EZ instructions booklet. Net Profit from Business Net Profit from Business.

2019 form 1040 schedule c download