What income tax form does a self-employed sole proprietor usually use to report business income and expense?

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Quizplus · Accepted Answer

A self-employed sole proprietor usually uses Schedule C to report business income and expense on their personal income tax return. Schedule A is used for itemized deductions, Schedule B is for interest and dividend income, Form 2106 is for employee business expenses (not self-employed), and E is not a valid answer.

What Income Tax Form Does a Self-Employed Sole Proprietor Usually