To File a Schedule C-EZ, the Taxpayer Must

question 99

Multiple Choice

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.