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Web use schedule c (form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. Web a form schedule c: Web information about schedule c (form 1040), profit or loss from business, used to report income or loss from a business operated or profession practiced as a sole proprietor;. An activity qualifies as a business if your. Web 2020 form 1040 schedule c document [pdf] download: Pdf | pdf schedule c (form 1040) profit or loss from business go omb no.