Sole Proprietorship - Schedule C
Statutory Employee reporting
Answer:
Statutory employees report their income and expenses on Schedule C instead of as miscellaneous deductions on Schedule A subject to the 2% AJI floor limitation.
Generally, statutory employees are full time life insurance salespersons, full time traveling sales persons and pieceworkers.
Generally, statutory employees are full time life insurance salespersons, full time traveling sales persons and pieceworkers.
