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Level 2
posted Apr 18, 2021 11:50:08 AM

Can I file a schedule C if I had no income?

I am a freelancer who is usually paid 80% of the time as an employee and 20% of the time as an independent contractor, so I usually have a small schedule C each year.    In 2020 I had no I.C. work, I was only paid as an employee for the entire year.  Can I still file a Schedule C with no income so that I can deduct my expenses, or am I asking for trouble?

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2 Replies
Level 15
Apr 18, 2021 12:06:43 PM

You can do that but not regularly. 

Level 2
Apr 18, 2021 12:19:58 PM

In 2021 I have formed a corp, so 2020 would be my last schedule C.