Fill Form 944 Pr Proprietorship 2011-2023

Hey guys welcome on into today's video where we're gonna be filling out a schedule CEZ form 1040 this is gonna be the net profit from a business for a sole proprietorship now if you're not a sole proprietor and you're a partnership or a joint venture then generally you have to fill out a form 1065 I've also made an example video of how to fill out that particular form it's a bit more complicated I'll link it down in the video description for those that are looking for that particular form example but for today's a schedule CEZ form 1040 example we're gonna be doing it for a business who's going to be making a youtube video so they're a YouTube content creator pretty topical here considering I'm gonna be uploading this to YouTube but even if you're not a YouTube creator you have other form of sole proprietorship that you're running and making an income from for your business you should also be able to apply what I talked about in this video to that as well so to fill out the schedule CEZ instead of the regular Schedule C you have to have had business expenses of 5,000 or less use cash method of accounting instead of accrual accounting and for most of you that are just running a sole proprietorship small business particularly out of your home you're probably not going to be using accrual method of accounting just you're getting cash in and cash is going out you're not doing accounts receivable and all that other more complicated stuff depreciation all that kind of stuff so moving on here did not have an inventory at any time during the year did not have a net loss from your business had only one business as...