My family and I are unsure as to what to do regarding the Business/Farm Supplement, as it does not apply to us. My father and the person that helps us file our taxes both suggest I simply leave it blank. However I am weary of this since it is labeled a required document. I was just wondering what I should do.
I’ve tried emailing and calling IDOC MANY times, but my emails won’t go through and after several minutes of me waiting for a representative the call just hangs up. So I’ve come here to seek advice
If they filed a Schedule C, it’s required. Did they file one? If there is any self-employment income, it’s required, even if your parents don’t consider the source of that income to be a “business."
What about a Schedule C-EZ? Is this a CSS requirement, or does each school make its own decision on whether or not the Business/Farm Supplement is required? If it’s a CSS requirement, where can it (the requirement) be found online?
@Middkid86 - I’m guessing that each school makes its own decision whether or not to require the Bus./Farm supplement, but I’d assume that, for those schools that do require it, either a Sched. C or a Sched. C-EZ (or a Sched. F or K-1) would trigger the requirement.