How does the Schedule C worksheet work?

Your year-end tax report includes a Schedule C Worksheet tab where you enter business income and deductions that aren't captured from receipts.

📝 What to fill in: • Business income — Gross receipts from all sources (auto-fills from bank if connected) • Home office expenses — Rent/mortgage, utilities, insurance, repairs + business-use % • Cost of goods sold — Inventory, purchases, labor, materials (if applicable) • Depreciation / Section 179 — Computer, furniture, vehicle, equipment • Vehicle info — Total miles, business miles, commuting miles

📊 How it works:

1. Generate your year-end report → Worksheet tab is created automatically
2. Fill in the worksheet fields (bank data auto-populates where available)
3. Click "Generate Schedule C" → ExpenseBot combines worksheet + expense totals
4. Downloads a pre-filled IRS Schedule C PDF ready for filing

💡 Your expenses are already there — The worksheet just adds income and deductions that come from sources other than receipts (home office, depreciation, etc).

US freelancers only. Canadian freelancers get the T2125 worksheet instead.