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Printable Form Instructions 1040 (Schedule C) Broward Florida: What You Should Know

Enter the gross receipts of the business from all taxable sales of taxable tangible property, or other amounts. 3. Enter how much money (including commissions) is paid to the business by its vendors. In theĀ  column where the amounts are stated, write the gross receipts from sales of personal services in the column. 4. If the taxable gross receipts do not exceed 500, enter ā€œNONEā€ for that amount, then ā€œYā€ in the column. Enter the amount of the total sales from which the AGI would be reduced on line 2 in the columnĀ 5. If the amount of AGI reported from line 3, doesĀ  not exceed 200, add ā€œNONEā€ for that amount in the column. 4. If the AGI in the line 3 is zero or does not include more than 250, leave itĀ 6. Enter the amount in the line 5 columns. If the AGI on line 2 that would be reduced on line 2 is zero orĀ does not include more than 250, enterĀ  ā€œNONEā€ in the line 5 columns. 5. Enter the amount in the column for gross receipts from sales of tangible personal property that is taxable. InĀ  column, write ā€œYā€ if the AGI is negative. Enter the total sales in that column from which the AGI could be reduced. In theĀ  column where total sales equals 600, enter ā€œNONE.

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