Schedule C · tax year 2026

File your Schedule C by text for $49

Updated October 26, 2026

The cheapest way to file a Schedule C depends on one thing: are your numbers done? If you already have clean income and expense totals, free DIY tax software is cheapest. If you don't, Toozi does the books and the filing for $49: connect your bank, text what's missing, and Toozi fills every line, then e-files your return as an IRS Authorized e-file Provider.

Option	Cost	Who does the books	Cheapest when
Free DIY tax software	Free to low-cost	You, before you start	Your income and expense totals are already done
TurboTax Premium	$139 federal list price, state extra	You	You want a guided interview and your totals are ready
Keeper	$199/yr Standard ($20/mo bookkeeping-only)	Keeper scans your accounts; a tax pro files	You want a pro to review and sign
Toozi	$49 for one month, or $399/yr	Toozi, from your bank feed and texts	Your books aren't done and you want it handled by text

How it works by text

Connect your bank, or just start texting. Toozi pulls in the year and sorts each transaction to a Schedule C line. Cash in and out, you text: “got paid $180 cash,” “$96 color and foils.”
Answer the few it isn't sure about. Toozi texts you a short list; pick a category and it's done. It asks about miles, your home office and helpers you paid.
Review and sign in your dashboard. Toozi builds Schedule C, Schedule SE and your 1040, you check it and sign with your PIN, and Toozi e-files it to the IRS.

Schedule C, line by line

What goes on each line, and what you'd text Toozi to fill it.

Part IIncome

1
Gross receipts or sales
Everything clients paid you: cash, Zelle, Venmo, Cash App, card, checks, and the 1099-NEC and 1099-K amounts.
“got paid $180 Zelle for a color”
2
Returns and allowances
Refunds you gave back to customers.
Not filled automatically yet: text Toozi before you count on it.
4
Cost of goods sold
From Part III, if you sell products. Service businesses usually leave it blank.
6
Other income
Business income that isn't a sale, like a rebate or a prize tied to the business.
“got a $50 referral bonus from Square”
7
Gross income
Toozi adds lines 1 through 6.

Part IIExpenses

8
Advertising
Ads, boosted posts, flyers, business cards, your website.
“$60 Instagram ad”
9
Car and truck expenses
Business miles at 72.5¢ (Jan to Jun 2026) and 76¢ (Jul to Dec), or actual costs; plus parking and tolls.
“drove 31 miles between clients”
10
Commissions and fees
Card processing, payment app and platform fees.
“Square fees $38 this month”
11
Contract labor
Helpers and freelancers you pay. $2,000 or more to one person in 2026 means a 1099-NEC, which Toozi prepares.
“paid Rosa $120 to help”
12
Depletion
Oil, gas and timber. Almost never applies to a one-person business.
Not filled automatically yet: text Toozi before you count on it.
13
Depreciation and section 179
Bigger equipment you write off over time or all at once.
“bought a $3,200 styling chair for the suite”
14
Employee benefit programs
Benefits for W-2 employees, not for you.
Not filled automatically yet: text Toozi before you count on it.
15
Insurance (other than health)
Liability, professional and business property insurance.
“liability insurance $42”
16a / 16b
Interest
Interest on business loans and business credit cards.
Not filled automatically yet: text Toozi before you count on it.
17
Legal and professional services
Lawyers, accountants, and professional services.
“paid the lawyer $250 for my LLC”
18
Office expense
Office supplies, postage, printer ink.
“$24 printer ink”
19
Pension and profit-sharing plans
Plans for employees. Your own solo 401(k) goes on Schedule 1, not here.
Not filled automatically yet: text Toozi before you count on it.
20b
Rent or lease: business property
Booth, chair, suite, studio or office rent.
“booth rent $250”
21
Repairs and maintenance
Fixing equipment and tools you use for work.
“clipper repair $45”
22
Supplies
Things you use up doing the work: color, gel, wax, cleaning products, disposables.
“$96 color and foils”
23
Taxes and licenses
License renewals, business licenses and permits.
“cosmetology license renewal $75”
24a
Travel
Overnight business trips: flights, hotels, rides.
“hotel for the hair show $189”
24b
Deductible meals
Business meals, 50% deductible. Toozi applies the 50%.
“lunch with a client $36”
25
Utilities
Utilities for business property, and the business share of your phone.
“phone bill $85, half for work”
26
Wages
W-2 employees' pay (not what you pay yourself).
27a
Other expenses
Continuing education and anything that doesn't fit above, listed in Part V.
“balayage class $300”
28–29
Total expenses, tentative profit
Toozi adds the expenses and subtracts them from gross income.
30
Business use of your home
A space used regularly and only for the business. Toozi asks for the square footage and costs.
“my treatment room is 120 square feet”
31
Net profit or loss
Flows to your 1040 and to Schedule SE for self-employment tax.

Part IIICost of goods sold

36
Purchases
Inventory you buy to resell.
“$420 of retail shampoo to sell”
37
Cost of labor
Labor that goes into products you sell.
39
Other costs
Shipping and fulfillment on what you sell.
“shipping supplies $31”

Part IVYour vehicle

43–47
Vehicle information
When the car went into service, business vs commuting miles, and whether you have written records. Toozi fills it from your mileage log.

What $49 covers

Included

Books from your bank feed and texts, for every business you run
Schedule C for each business, plus Schedule SE
Your federal 1040, e-filed by Toozi
State returns where Toozi supports the state
Quarterly estimates for next year, with reminders

Not included

S-corp (1120-S) or partnership (1065) returns
Complicated investment years
A human preparer signing your return

Want more on a single line? See the mileage calculator (line 9), the self-employment tax calculator (what line 31 costs you), or whether you owe a helper a 1099 (line 11).

Start your Schedule C with one text.

Have Toozi text you first. 14 days free, no card. Filing happens on the $49 plan, and you can cancel by text.

14 days free
No card to start
Cancel by text
IRS e-file authorized

Questions

What is the cheapest way to file a Schedule C?

If your income and expense totals are already done, free DIY tax software is the cheapest. If they aren't, Toozi is $49 for a month: connect your bank, text what's missing, and Toozi builds Schedule C and e-files the return. Cancel by text afterward.

Does $49 really include filing?

Yes. Toozi is $49 a month (or $399 a year) with filing included. Start free for 14 days with no card; filing happens on the paid plan. Toozi is an IRS Authorized e-file Provider: you review the return, sign with your PIN in the dashboard, and Toozi transmits it.

I haven't tracked anything all year. Can I still file?

Yes. Connect your bank once and Toozi pulls in the year, sorts each transaction to a Schedule C line, and asks you only about the ones it isn't sure of. Cash you were paid or spent, you text in.

I have two businesses. Do I need two Schedule Cs?

Usually yes, one per business. Toozi keeps separate books for each and prepares a Schedule C for every one at the same $49.

What about state returns?

State returns are included where Toozi supports the state. Toozi tells you up front if yours isn't supported yet.

What doesn't Toozi file?

S-corp (1120-S) and partnership (1065) returns, and complicated investment years. If that's you, a CPA or a plan built for it is the better call.

Tax is a doozy.
Toozi isn't.

Text (844) 482-4881 and your Schedule C starts with one message.

or text(844) 482-4881