Income

Total Gross Income?

Total Income from Work or Sales

Amount in Returns or Allowances?

Other Income?

Cost of Goods Sold (COGS)

Cost of goods sold (COGS) refers to the direct costs of producing the goods sold by a company. This amount includes the cost of the materials and labor directly used to create the good. It excludes indirect expenses, such as distribution costs and sales force costs.

RETAIL BUSINESSES

Did you sell any products (purchased products for resell or created products to sell)? *

Yes

Inventory at the beginning of the year?

Wholesale Price

Amount Spent on Merchandise Purchased for Resale

Total Cost of Labor?

Amount Spent of Materials and Supplies?

Other Costs

Inventory at the end of year?

Wholesale Price

Expenses

General Expenses

List total amounts spent per expense:

Expenses Could Be:

Advertising, Commissions & Fees, Insurance, Health Insurance, Mortgage Interest (if paid for Business, Other Interest Paid, Professional Fees, Office Expenses, Rent on Business Property, Equipment Rentals, Business Telephone, Repairs and Maintenance, Supplies (not included above), Real Estate Taxes, Other Taxes (Payroll), Travel, Meals & Entertainment, Utilities, Wages (W2's issued), Bank and Credit Card Fees, Tools, Uniforms, License/Dues, etc.

Expense #1

Expense #1 Amount

Notes

Vehicle Expenses

Year/Make/Model of Vehicle

Date Vehicle Placed in Service?

Do you have business mileage to claim?

Yes

Business Miles?

Personal Miles?

Do You Have Evidence to Support Your Mileage?

Yes

Evidence includes mileage logs, appointment records, calendars, etc.

If yes, is the evidence written?

Yes

Upload Mileage Log #1

Upload Mileage Log #2

Upload Mileage Log #3

Upload Mileage Log #4

Depreciation

Did you purchase any major pieces of equipment?

Yes

Item/Asset #1 Depreciating?

Date Asset #1 Placed in Service for Business?

Asset #1 percentage used for business use?

Asset #1 Cost?

Please list any additional information about Asset #1 items your depreciating:

Business Use of Home

List any information related to business use of home:

What was home used for? Income? Indirect/Direct Expenses? Home Improvements? Taxes Paid? Insurance Paid?

Do you have an office in your home?

Yes

Sq Ft of Home

Sq. Ft of Office

Real Estate Taxes

Mortgage Interest/ Rent Paid?

Home Owner Insurance Amount?

Utilities Amount (Lights, Gas, etc)

Items to Depreciate and Information

Use this space to include any other income/expenses information for your Schedule C (Business)

Upload Document #1

Upload Document #2

Upload Document #3

Verification

Please read and acknowledge by checking the boxes below, followed by a signature: *

I understand that if I paid $600 or more to any contractors, I must provide contractors with a 1099.

I certify that I have listed all income, all expenses, and I have documentaiton to back up the figures entered on this worksheet for tax year 2023.

I am able to provide additional supporting documents for all information provided above if needed.

Date Acknowledge