How to Fill Out a Basic 1040 Tax Return as a Sole Proprietor

[@80sbreaker]

Evan you the man i searched and looked at 1,million videos With CPA in front of a board just showing how nice their well press dress shirt looks on you tube ( all useless videos ) you Evan are the only one who explained it simple & clearly from beginning to end on how to do the 1040 as self employed plus you did not waste our time showing off your nicely pressed dress shirt thank you were can i send you some money for this valuable information

[@marcpasamonte9868]

dude Mr. Even you made everything down to earth where a person does know s..t about taxes have to learn more from your video than the rest thanks

[@pyterlolzalot]

Evan, thank you SO much for taking the time to share this. Your voice and the flow of explaining is so calming and on point-- saving this and sharing with everyone!

[@313Mark]

Great video, help a lot.

[@brandicope7784]

Hi. Just came across this and had a quick question - I started a small business (by myself; one employee) in late 2019). I didn't make much because it was new and I started in mid October. I'm trying to file for loans/grants, but I'm needing to file that years taxes first. Is this the form I'd use and if so, is there a way for me to file them online? ANY help/advice would be greatly appreciated. Thank you in advance!

[@zenithmaralda]

Thank you!

[@Culwhickbeocca]

My dad basically took some money from me, and is now paying me back without interest. Where do I report that?

[@InSiDeOutMiNd]

Thank you! This helped me to see you go through this!

[@Dan0rioN]

What is the fastest way to get my taxes registered to the IRS? Efile 1040ez or turbotax?

[@louishernandez2352]

how would i do this with 2 sole proprietorships? would i just add the income from both business and add it to one 1040?

[@zanderhuynh7998]

If I am selling T shirt on Amazon, importing from China. Can I use cash method? Where do I claim for start up cost and organization cost? If I buy computer after my business open. Is that still consider start up cost?

[@trending994]

I used the credit to claim 2019 income for 2020 and it made me owe taxes but gives me a higher return. Is this normal and how do I choose to deferr a portion of my owed taxes instead of all of it

[@SlimmTa]

Does a sole proprietor with no employees don’t fill out line 1 correct??

[@pressurewashingandmylife]

I'm trying to figure this out. I own a business & don't receive a W2, but I don't know whether I put the amount I paid myself in this line or not. Suggestions anyone?

[@ashyphotos]

Would i have to file taxes for myself as a sole proprietor ANDa separate one for my business ?

[@pyterlolzalot]

hope you figured it out! I think if you have multiple businesses then you fill out separate schedule C's but if you ARE your business (etc. you're a marketing freelancer or you offer service etc then no)

[@ikanfilmz]

I was confused trying to follow this

[@jim5379]

get good kid

[@tareiknetro315]

Speed 1.25% and enjoy

[@southernkings5438]

You should hide their social security number thats illegal to show

[@MrMelvinkennedy1]

pretty sure its a fake

[@carmencastillo2010]

I am worst i am so confused it said sinple and was to much back and forth

[@danielarch7116]

Hi Evan, thank you so much for this video, it really thought me alot. You're the best Please Evan how can I contact you privately maybe your email or something PLEASE DONT TURN ME DOWN☹☹