Schedule C Income Worksheet

Schedule C - Profit or Less from Business

2022

2023

Notes:

Worksheet Instructions:

*Add back any amortization claimed for each property. If claimed, amortization will be found on a separate statement that is indicated on line 19 (Do not just add back the entire amount indicated on line 19). Additionally, one time expenses that can be determined to be non-recurring can be added back. Include receipts/documentation for these expenses in the file.

**Add back the taxes, insurance and HOA dues claimed on the Schedule E for each property.

***Deduct the full current monthly PITI+A amount(s) for the property in line 12 using the current mortgage statements, tax bills, insurance documents, and HOA docs.