Tax Documents
BusinessIncomeStatement
FDX / Data Structures / BusinessIncomeStatement
Business Income Statement, Business Income Statement for IRS Form 1040 Schedule C
Extends and inherits all fields from Tax
BusinessIncomeStatement Properties
# | Id | Type | Description |
---|---|---|---|
1 | businessName | string | Box C, Business name |
2 | sales | number (double) | Box 1, Gross receipts or sales |
3 | returns | number (double) | Box 2, Returns and allowances |
4 | otherIncome | Array of DescriptionAmount | Box 6, Other income, including federal and state gasoline or fuel tax credit or refund |
5 | advertising | number (double) | Box 8, Advertising |
6 | carAndTruck | number (double) | Box 9, Car and truck expenses |
7 | commissions | number (double) | Box 10, Commissions and fees |
8 | contractLabor | number (double) | Box 11, Contract labor |
9 | depletion | number (double) | Box 12, Depletion |
10 | depreciation | number (double) | Box 13, Depreciation |
11 | employeeBenefits | number (double) | Box 14, Employee benefit programs |
12 | insurance | number (double) | Box 15, Insurance |
13 | mortgageInterest | number (double) | Box 16a, Mortgage interest |
14 | otherInterest | number (double) | Box 16b, Other interest |
15 | legal | number (double) | Box 17, Legal and professional services |
16 | office | number (double) | Box 18, Office expense |
17 | pension | number (double) | Box 19, Pension and profit-sharing plans |
18 | equipmentRent | number (double) | Box 20a, Equipment rent |
19 | otherRent | number (double) | Box 20b, Other rent |
20 | repairs | number (double) | Box 21, Repairs and maintenance |
21 | supplies | number (double) | Box 22, Supplies |
22 | taxes | number (double) | Box 23, Taxes and licenses |
23 | travel | number (double) | Box 24a, Travel |
24 | meals | number (double) | Box 24b, Deductible meals |
25 | utilities | number (double) | Box 25, Utilities |
26 | wages | number (double) | Box 26, Wages |
27 | otherExpenses | Array of DescriptionAmount | Box 27, Other expenses |
28 | beginningInventory | number (double) | Box 35, Inventory at beginning of year |
29 | purchases | number (double) | Box 36, Purchases |
30 | costOfLabor | number (double) | Box 37, Cost of labor |
31 | materials | number (double) | Box 38, Materials and supplies |
32 | otherCosts | Array of DescriptionAmount | Box 39, Other costs |
33 | endingInventory | number (double) | Box 41, Inventory at end of year |
34 | capitalExpenditures | Array of DateAmount | Capital expenditures, for use in calculating Depreciation |
BusinessIncomeStatement Usage:
- TaxData businessIncomeStatement
FDX Data Structure as JSON
{ "businessIncomeStatement" : { "taxYear" : 0, "corrected" : true, "accountId" : "", "taxFormId" : "", "taxFormDate" : "2020-07-01", "description" : "string", "additionalInformation" : "string", "taxFormType" : "BusinessIncomeStatement", "attributes" : [ { "name" : "string", "value" : "string", "boxNumber" : "string", "code" : "string" } ], "error" : { "code" : "string", "message" : "string" }, "businessName" : "string", "sales" : 0.0, "returns" : 0.0, "otherIncome" : [ { "description" : "string", "amount" : 0.0 } ], "advertising" : 0.0, "carAndTruck" : 0.0, "commissions" : 0.0, "contractLabor" : 0.0, "depletion" : 0.0, "depreciation" : 0.0, "employeeBenefits" : 0.0, "insurance" : 0.0, "mortgageInterest" : 0.0, "otherInterest" : 0.0, "legal" : 0.0, "office" : 0.0, "pension" : 0.0, "equipmentRent" : 0.0, "otherRent" : 0.0, "repairs" : 0.0, "supplies" : 0.0, "taxes" : 0.0, "travel" : 0.0, "meals" : 0.0, "utilities" : 0.0, "wages" : 0.0, "otherExpenses" : [ { "description" : "string", "amount" : 0.0 } ], "beginningInventory" : 0.0, "purchases" : 0.0, "costOfLabor" : 0.0, "materials" : 0.0, "otherCosts" : [ { "description" : "string", "amount" : 0.0 } ], "endingInventory" : 0.0, "capitalExpenditures" : [ { "date" : "2020-07-01", "description" : "string", "amount" : 0.0 } ] } }
Example Form JSON
{ "businessIncomeStatement" : { "taxYear" : 2022, "taxFormDate" : "2020-12-31", "taxFormType" : "BusinessIncomeStatement", "businessName" : "Green Acres Landscaping", "sales" : 99200.0, "advertising" : 1600.0, "carAndTruck" : 5641.0, "contractLabor" : 1000.0, "insurance" : 1200.0, "legal" : 1040.0, "office" : 1356.0, "equipmentRent" : 7400.0, "repairs" : 1975.0, "supplies" : 12800.0, "taxes" : 360.0, "utilities" : 2211.0, "wages" : 47350.0, "otherExpenses" : [ { "description" : "Uniforms", "amount" : 480.0 } ] } }