To file a Schedule C-EZ, the taxpayer must:
A)Have gross receipts of $25,000 or less from the business.
B)Have business expenses of $5,000 or less.
C)Have inventory of less than $2,000 during the year.
D)Have no more than 2 businesses.
E)Have no more than 5 employees during the year.

Question

Quizplus · Accepted Answer

To file a Schedule C-EZ, the taxpayer must have business expenses of $5,000 or less.

To File a Schedule C-EZ, the Taxpayer Must