5. BUSINESS INCOME
/ (LOSS) FROM SCHEDULE C OR C-EZ.
Report the net business income or loss from federal Schedule
C or C-EZ.
Attach a copy of the federal form.
4562A (pdf) may
need to be completed if the taxpayer claimed the bonus depreciation/section 179
deduction on the federal return. For more information on bonus
depreciation/section 179, see information on line 14.
If one spouse has a loss, the couple may want to determine if filing status 2 is to their advantage.
|Married Separate Filers: Reported by the spouse deriving the income or loss.
Go to Line 4
Go to Line 6