 Income tax 2023-2024 are counting for your income. Get ready and some coffee so that you don't find income tax preparation too taxing. Most of this information can be found in Publication 334, Tax Guide for Small Business for Individuals Who Use Schedule C Tax Year 2023, which you can find on the IRS website at irs.gov, irs.gov. Remember in the first half of the income tax formula, basically a funny income statement. Most income statements having income minus expenses resulting in net income. Here having income minus various deductions resulting in taxable income, noting that the sole proprietorship Schedule C rolls into line one income of the formula, which is funny because the Schedule C is in and of itself a form of income statement having business.