2018 Schedule C-EZ simplified version is available for some proprietors

If the filer is self-employed and business meets certain conditions:

  • The business expenses equal $5,000 or less;
  • Has only one business
  • There are no employees

Also, the business must:

  • Show no previous year suspended passive activity losses or net losses;
  • Not have any inventory;
  • Use the cash method

Not allowed on the C-EZ. Depreciation expenses and home office deductions.

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