Sole proprietor jewelry maker struggles to understand and correctly fill out Schedule C tax form, including cost of goods sold and inventory valuation.

Workarounds Described

• uses a guesstimate to pay estimated taxes
• filed an extension because couldn't understand the form

Implied Software Gaps

• Interactive tax form guidance tailored to handmade inventory valuation
• Automated cost of goods sold calculator based on materials and labor inputs
• Plain-language Schedule C walkthrough with industry-specific examples

SolePro Schedule C Coach

A guided, interview-style software that walks sole proprietors through Schedule C line by line, with plain-language explanations and industry-specific examples (e.g., handmade goods). Automatically calculates cost of goods sold from user-provided materials and labor inputs, and generates a completed form ready to e-file.

Existing Solutions Mentioned