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
#IdTypeDescription
1businessNamestringBox C, Business name
2salesnumber (double)Box 1, Gross receipts or sales
3returnsnumber (double)Box 2, Returns and allowances
4otherIncomeArray of DescriptionAmountBox 6, Other income, including federal and state gasoline or fuel tax credit or refund
5advertisingnumber (double)Box 8, Advertising
6carAndTrucknumber (double)Box 9, Car and truck expenses
7commissionsnumber (double)Box 10, Commissions and fees
8contractLabornumber (double)Box 11, Contract labor
9depletionnumber (double)Box 12, Depletion
10depreciationnumber (double)Box 13, Depreciation
11employeeBenefitsnumber (double)Box 14, Employee benefit programs
12insurancenumber (double)Box 15, Insurance
13mortgageInterestnumber (double)Box 16a, Mortgage interest
14otherInterestnumber (double)Box 16b, Other interest
15legalnumber (double)Box 17, Legal and professional services
16officenumber (double)Box 18, Office expense
17pensionnumber (double)Box 19, Pension and profit-sharing plans
18equipmentRentnumber (double)Box 20a, Equipment rent
19otherRentnumber (double)Box 20b, Other rent
20repairsnumber (double)Box 21, Repairs and maintenance
21suppliesnumber (double)Box 22, Supplies
22taxesnumber (double)Box 23, Taxes and licenses
23travelnumber (double)Box 24a, Travel
24mealsnumber (double)Box 24b, Deductible meals
25utilitiesnumber (double)Box 25, Utilities
26wagesnumber (double)Box 26, Wages
27otherExpensesArray of DescriptionAmountBox 27, Other expenses
28beginningInventorynumber (double)Box 35, Inventory at beginning of year
29purchasesnumber (double)Box 36, Purchases
30costOfLabornumber (double)Box 37, Cost of labor
31materialsnumber (double)Box 38, Materials and supplies
32otherCostsArray of DescriptionAmountBox 39, Other costs
33endingInventorynumber (double)Box 41, Inventory at end of year
34capitalExpendituresArray of DateAmountCapital expenditures, for use in calculating Depreciation
BusinessIncomeStatement Usage:
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

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{
  "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
    } ]
  }
}

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