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Schedule C 052012 Oklahoma Corporation Commission  Form

Schedule C 052012 Oklahoma Corporation Commission Form

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Instructions and help about Schedule C 052012 Oklahoma Corporation Commission

hi everyone if you're a new business owner trying to better understand irs schedule c this video is for you if you're self-employed you report your income and business expense on schedule c of form 1040. you determine your profit on which you pay tax by subtracting your expenses from your income important note for tax year 2019 and later you will no longer use schedule c ez but instead use the schedule c schedule c basic information lines a through e are pretty easy background information principal business or profession business code business name employer id number and business address you can now obtain an employer identification number also known as ein instantly by applying online at ir or by sending a completed form ss-4 application for employer identification number to the irs there are two topics in the basic information section that may need more explanation the accounting method your company uses and material participation in your business accounting method line f of the bas

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