1994 Form 1040 (Schedule C) MM1040svc F1040sc
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OMB No. 1545-0074 Profit or Loss From Business SCHEDULE C (Form 1040) © Department of the Treasury (99) Internal Revenue Service © (Sole Proprietorship) Partnerships, joint ventures, etc., must file Form 1065. Attach to Form 1040 or Form 1041. © See Instructions for Schedule C (Form 1040). Attachment Sequence No. 09 Name of proprietor Social security number (SSN) A Principal business or profession, including product or service (see page C-1) B Enter principal business code (see page C-6) © C Business name. If no separate business name, leave blank. D Employer ID number (EIN), if any E Business address (including suite or room no.) City, town or post office, state, and ZIP code F Accounting method: (1) Cash (2) Accrual G Method(s) used to value closing inventory: (1) Cost (2) Lower of cost or market (3) H I J (3) Other (specify) © Other (attach explanation) (4) Does not apply (if checked, skip line H) Was there any change in determining quantities, costs, or valuations between opening and closing inventory? If “Yes,” attach explanation Did you “materially participate” in the operation of this business during 1994? If “No,” see page C-2 for limit on losses If you started or acquired this business during 1994, check here Part I 1 © 1 2 3 Subtract line 2 from line 1 3 4 5 Cost of goods sold (from line 40 on page 2) Gross profit. Subtract line 4 from line 3 4 6 7 Other income, including Federal and state gasoline or fuel tax credit or refund (see page C-2) Gross income. Add lines 5 and 6 Advertising 8 9 Bad debts from sales or services (see page C-3) 9 Car and truck (see page C-3) expenses 10 11 Commissions and fees 12 Depletion 12 13 Depreciation and section 179 expense deduction (not included in Part III) (see page C-3) 13 Employee benefit programs (other than on line 19) 14 Insurance (other than health) 15 15 16 17 18 2 5 6 © 7 19 Pension and profit-sharing plans 19 20 Rent or lease (see page C-4): 11 14 a Vehicles, machinery, and equipment 20a b Other business property 20b 21 Repairs and maintenance 21 22 Supplies (not included in Part III) 22 23 Taxes and licenses 23 24 Travel, meals, and entertainment: 24a a Travel Interest: b Meals and entertainment c Enter 50% of line 24b subject to limitations (see page C-4) a Mortgage (paid to banks, etc.) 16a d Subtract line 24c from line 24b 24d b Other 16b 25 Utilities 26 Wages (less employment credits) 27 Other expenses (from line 46 on page 2) 25 © 28 Legal and professional services Office expense 17 18 26 27 28 Total expenses before expenses for business use of home. Add lines 8 through 27 in columns 29 Tentative profit (loss). Subtract line 28 from line 7 29 30 Expenses for business use of your home. Attach Form 8829 30 31 Net profit or (loss). Subtract line 30 from line 29. ● If a profit, enter on Form 1040, line 12, and ALSO on Schedule SE, line 2 (statutory employees, see page C-5). Estates and trusts, enter on Form 1041, line 3. ● If a loss, you MUST go on to line 32. 32 © Expenses. Enter expenses for business use of your home only on line 30. 8 10 No Income Gross receipts or sales. Caution: If this income was reported to you on Form W-2 and the “Statutory © employee” box on that form was checked, see page C-2 and check here Returns and allowances Part II Yes If you have a loss, check the box that describes your investment in this activity (see page C-5). ● If you checked 32a, enter the loss on Form 1040, line 12, and ALSO on Schedule SE, line 2 (statutory employees, see page C-5). Estates and trusts, enter on Form 1041, line 3. ● If you checked 32b, you MUST attach Form 6198. For Paperwork Reduction Act Notice, see Form 1040 instructions. Cat. No. 11334P % % 31 32a All investment is at risk. 32b Some investment is not at risk. Schedule C (Form 1040) 1994 Schedule C (Form 1040) 1994 Part III Page Cost of Goods Sold (see page C-5) 33 Inventory at beginning of year. If different from last year’s closing inventory, attach explanation 33 34 Purchases less cost of items withdrawn for personal use 34 35 Cost of labor. Do not include salary paid to yourself 35 36 Materials and supplies 36 37 Other costs 37 38 Add lines 33 through 37 38 39 Inventory at end of year 39 40 Cost of goods sold. Subtract line 39 from line 38. Enter the result here and on page 1, line 4 40 Part IV Information on Your Vehicle. Complete this part ONLY if you are claiming car or truck expenses on line 10 and are not required to file Form 4562 for this business. See the instructions for line 13 on page C-3 to find out if you must file. © / / 41 When did you place your vehicle in service for business purposes? (month, day, year) 42 Of the total number of miles you drove your vehicle during 1994, enter the number of miles you used your vehicle for: a 2 Business b Commuting . c Other 43 Do you (or your spouse) have another vehicle available for personal use? Yes No 44 Was your vehicle available for use during off-duty hours? Yes No Yes Yes No No 45a Do you have evidence to support your deduction? b If “Yes,” is the evidence written? Part V 46 Other Expenses. List below business expenses not included on lines 8–26 or line 30. Total other expenses. Enter here and on page 1, line 27 46 Printed on recycled paper
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File Type : PDF File Type Extension : pdf MIME Type : application/pdf PDF Version : 1.3 Linearized : Yes Create Date : Wednesday, October 05, 1994 at 7:58AM Producer : Acrobat Net Distiller 1.02 for Windows Title : 1994 Form 1040 (Schedule C) Subject : Profit or Loss from Business (Sole Proprietorship) Author : T:FP Modify Date : 1999:09:30 10:21:28-04:00 Page Count : 2EXIF Metadata provided by EXIF.tools