Reporting Your Solo Business at Tax Time with Schedule C

by BossTax Admin | Jan 24, 2025 | Financial Planning, Tax Blog, Tracking Tips | 0 comments Yes — self-employed business owners and single-member LLCs report their business income and expenses on Schedule C, which attaches directly to their personal IRS Form 1040 income tax return. Whether you operate as an independent contractor, freelancer, direct seller, or service provider, you must report all income earned outside of a traditional W-2 employment arrangement. While companies issue 1099...