Schedule C

Schedule C

Describes membership requirements and procedures of NASD, in its bylaws.

Schedule C

A section of the bylaws for the NASD used to determine eligibility of an organization for membership. It became less relevant when the NASD merged with the NYSE to form FINRA.
References in periodicals archive ?
In addition, they reported $477 in interest income, as well as a $12,349 loss on Schedule C.
The IRS determined that the entire retirement distribution (less the rollover) was taxable income, and thus C and K had understated the taxable amount of the retirement distributions; in addition, the Service disallowed their Schedule C expenses.
For example, I accidentally entered automobile and truck expenses on the wrong line on schedule C, along with supporting detail; when the DELETE key was used to correct the error, all detail items were erased and the support changed to show a zero balance.
A supporting schedule is not included in schedule C to support automobile and truck expenses.
Schedule C, for example, is divided into four subscreens, and the F10 key advances the user to the next form.
Schedule C does not provide for backup for automobile and truck expenses.
The highest risk category for audit are the self employed business Schedule C Returns.
1) Taxpayers with Earned Income Tax Credit (EITC) 2) Construction Contractors 3) Self Employed individuals 4) Home Office expenses 5) Independent contractors or commissioned salespersons 6) Tax Returns with W-2 wages for both spouses and a Schedule C loss 7) Employees with minimum tip income reported 8) Cash Basis Businesses 9) Returns with excessive itemized deduction such as Charitable Contributions, e.