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kmcvey
Level 1

Is there a way to make the Profit and Loss Statement easier to read for taxes? Working on a 1040 C now and just all out of order.

 
1 Comment 1
Anonymous
Not applicable

Is there a way to make the Profit and Loss Statement easier to read for taxes? Working on a 1040 C now and just all out of order.

Hello, kmcvey.

 

You can click the Customize button to filter the information showing on the report. You can also view the profit and loss graphically. Here’s how:

  1. Go to Reports from the left panel. 
  2. Click and open the Business Snapshot under Business overview column. 

For additional information about preparing 1040 c, please check this PDF file: https://www.irs.gov/pub/irs-pdf/i1040sc.pdf.

 

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