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 | Box 1, Gross receipts or sales |
| 3 | returns | number | 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 | Box 8, Advertising |
| 6 | carAndTruck | number | Box 9, Car and truck expenses |
| 7 | commissions | number | Box 10, Commissions and fees |
| 8 | contractLabor | number | Box 11, Contract labor |
| 9 | depletion | number | Box 12, Depletion |
| 10 | depreciation | number | Box 13, Depreciation |
| 11 | employeeBenefits | number | Box 14, Employee benefit programs |
| 12 | insurance | number | Box 15, Insurance |
| 13 | mortgageInterest | number | Box 16a, Mortgage interest |
| 14 | vehicleLoanInterest | number | Box 16b, Vehicle loan interest |
| 15 | otherInterest | number | Box 16c, Other interest |
| 16 | legal | number | Box 17, Legal and professional services |
| 17 | office | number | Box 18, Office expense |
| 18 | pension | number | Box 19, Pension and profit-sharing plans |
| 19 | equipmentRent | number | Box 20a, Equipment rent |
| 20 | otherRent | number | Box 20b, Other rent |
| 21 | repairs | number | Box 21, Repairs and maintenance |
| 22 | supplies | number | Box 22, Supplies |
| 23 | taxes | number | Box 23, Taxes and licenses |
| 24 | travel | number | Box 24a, Travel |
| 25 | meals | number | Box 24b, Deductible meals |
| 26 | utilities | number | Box 25, Utilities |
| 27 | wages | number | Box 26, Wages |
| 28 | otherExpenses | Array of DescriptionAmount | Box 27, Other expenses |
| 29 | beginningInventory | number | Box 35, Inventory at beginning of year |
| 30 | purchases | number | Box 36, Purchases |
| 31 | costOfLabor | number | Box 37, Cost of labor |
| 32 | materials | number | Box 38, Materials and supplies |
| 33 | otherCosts | Array of DescriptionAmount | Box 39, Other costs |
| 34 | endingInventory | number | Box 41, Inventory at end of year |
| 35 | capitalExpenditures | Array of DateAmount | Capital expenditures, for use in calculating Depreciation |
BusinessIncomeStatement Usage:
- TaxData businessIncomeStatement
FDX Tax Schema and Model Files
A copy of the FDX tax schema files (yaml) and related model files in csharp, java, python, ruby, and typescript languages are available at this private GitHub repository:
https://github.com/iTipsDev/fdx-tax-schema-v6.6.0
We will make this repository available to developers implementing Financial Data Exchange (FDX) JSON in their applications. Just send your GitHub user email and company name to info@taxdataexchange.org to be granted access.