Visual Guide to Course Elements

A5BAX-T-00121-25-S

Course Content

Small Business Schedule C Top of the Form
1.0.Learning Objectives
1.1.INTRODUCTION TO SCHEDULE C
1.2.Sole proprietorship: What is it and how to form?
1.3.Who has to file a Schedule C?
1.4.Business Information and Activity (Lines A-J)
Review Small Business Schedule C Top of the Form
1 Quiz
Top of the Form – Review & Practice Quiz
Part I - INCOME
Part I -Business Income (Lines 1-7)
Income Review & Practice Quiz
1 Quiz
Income Review & Practice Quiz
Part II-Expenses and Part V—Other Expenses
3.0.Part II and Part V Learning Objectives
3.1.Profit Motive (or Objective)
3.2.Expenses
3.3.Line 13: Depreciation and section 179
3.4.LINE 24: Travel and Meals
3.5.Line 30: Business Use of Home (regular vs. simplified method)
3.6.Line 31: Net profit (or loss)
Car and Truck Expenses – Video – Drake
Expenses – Review & Practice Quiz
1 Quiz
Expenses – Review & Practice Quiz
Part III - Cost of Goods Sold
4.0 Learning Objectives
4.1.Line 33-Line 42
COGS – Review & Practice Quiz
1 Quiz
COGS – Review & Practice Quiz
Final Quiz
Schedule C Step-by Step (5CE)