SCHEDULEC Profit or Loss From Business 0MB No.
1545-0074
(Form 1040 or 1040-SR)
Department of the Treasury
(Sole Proprietorship)
► Go to www.irs.gov/ScheduleC for instructions and the latest information. �@19
Attachment
Internal Revenue Service (99) ► Attach to Form 1040, 1040-SR, 1040-NR, or 1041; partnerships generally must file Form 1065. Sequence No. 09
Name of proprieto Social security number (SSN)
ANGELO KOROGIANOS 279 -60 -8126
A Principal business or profession, including product or service (see instructions)
WHOLESALE TRADE
C
B Enter code from instructions
►l 4l2l511l2lo
D Employer ID number (EIN) (see instr.)
I
Business name. If no separate business name, leave blank. Business address 21 7 916 10181112161
E (including suite or room no.) ► 3984 HILL
-
aLo PARK RD
---------------------------------------------------------------------------------------------
City, town or post office, state, and ZIP code HILLIARD , OH 43026
0 D D
□ No
F Accounting method: (1) Cash (2) Accrual (3) Other (specify) ►
0Yes
□
G Did you "materially participate" in the operation of this business during 2019? If "No," see instructions for limit on losses
□ Yes 0No
H If you started or acquired this business during 2019, check here . ►
□ Yes □ No
Did you make any payments in 2019 that would require you to file Form(s) 1099? (see instructions)
J If "Yes," d"d . d Forms 1099?
1 vou or wI·11 vou flI e require
■:r.1••• Income
1 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on
Form W-2 and the "Statutory employee" box on that form was checked .►□ 1 92,000
2 Returns and allowances . 2
3 Subtract line 2 from line 1 3 92,000
4 Cost of goods sold (from line 42) 4
5 Gross profit. Subtract line 4 from line 3 5 92,000
6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) 6
7 Gross income. Add lines 5 and 6 . ► 7 92,000
■::m.•1■ Expenses. Enter expenses for business use of your home only on line 30.
8 Advertising . 8 6,000 18 Office expense (see instructions) 18
9 Car and truck expenses (see 19 Pension and profit-sharing plans 19
instructions) . 9 20 Rent or lease (see instructions): ,_
10 Commissions and fees 10 a Vehicles, machinery, and equipment 20a
11 Contract labor (see instructions) 11 b Other business property 20b
12 Depletion 12 21 Repairs and maintenance . 21 10,000
13 Depreciation and section 179 22 Supplies (not included in Part Ill) 22 12,000
expense deduction (not
included in Part Ill) (see 23 Taxes and licenses . 23
instructions) . 13 24 Travel and meals: ,_
14 Employee benefit programs a Travel . 24a
(other than on line 19) . 14 b Deductible meals (see
15 Insurance (other than health) 15 instructions) . 24b
16 Interest (see instructions): ,_ 25 Utilities 25
a Mortgage (paid to banks, etc.) 16a 26 Wages (less employment credits) . 26
b Other 16b 27a Other expenses (from line 48) . 27a
17 Legal and professional services 17 b Reserved for future use 27b I
28 Total expenses before expenses for business use of home. Add lines 8 through 27a ► 28 28,000
29 Tentative profit or (loss). Subtract line 28 from line 7 . 29 64,000
30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829
unless using the simplified method (see instructions).
Simplified method filers only: enter the total square footage of: (a) your home:
and (b) the part of your home used for business: . Use the Simplified
Method Worksheet in the instructions to figure the amount to enter on line 30 30
31 Net profit or (loss). Subtract line 30 from line 29.
l
• If a profit, enter on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040-NR, line
13) and on Schedule SE, line 2. (If you checked the box on line 1, see instructions). Estates and 31 64,000
trusts, enter on Form 1041, line 3.
• If a loss, you must go to line 32.
If you have a loss, check the box that describes your investment in this activity (see instructions).
l
32
• If you checked 32a, enter the loss on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or
Form 1040-NR, line 13) and on Schedule SE, line 2. (If you checked the box on line 1, see the line 32a 0 All investment is at risk.
31 instructions). Estates and trusts, enter on Form 1041, line 3. 32b D Some investment is not
at risk.
• If you checked 32b, you must attach Form 6198. Your loss may be limited.
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11334P Schedule C (Form 1040 or 1040-SR) 2019
