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    ABudzinski's Avatar
    ABudzinski Posts: 1, Reputation: 1
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    #1

    Jul 28, 2008, 08:52 PM
    Schedule E and Schedule C
    What's the difference of schedule C and E? Does it matter if any of them it's use? Thanks for your suggestions.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Jul 28, 2008, 11:57 PM
    Form 1040 (Schedule C) Profit or Loss from Business (Sole Proprietorship) or Form 1040 (Schedule C-EZ) Net Profit from Business (Sole Proprietorship). Read about self employed (or independent contractor) tax filing and payment of estimated taxes: Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor

    Form 1040 (Schedule E) Supplemental Income and Loss (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.)
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