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
} ]
}
}