Fillable Printable Sample Profit and Loss Statement for Self

Sample Profit and Loss Statement for Self

Sample Profit and Loss Statement for Self–Employed Homeowners

Note: This is a sample template to be used as a guide for homeowners.

Depending on your business, you may be asked to provide additional information.

InstructionsforCompletingSampleProfitandLossStatementforSelf‐EmployedHomeowners

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Thenumberedsectionscorrespondtothedefinitionsbelow.Pleasenotethatthenumbered

orderofthedefinitionsisnotnecessarilytheorderinwhichtheformshouldbecompleted.

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Inthecolumns,provideeitheryourmostrecentQuarterlyorYear‐to‐datenumbers

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1. GrossMargin=(GrossProfit)/(TotalSalesRevenue)

2. Retur

nonSales=(NetProfit)/(TotalSalesRevenue)

3. TotalSalesRevenue=AllIncomefromSalesorServices.Allmoneycollectedfromthe

workyouhavedone.

4. GrossProfit=(TotalSalesRevenue)‐(TotalCostofSales)

5. TotalOper

atingExpenses=(TotalSalesandMarketingExpenses)+(TotalResearchand

DevelopmentExpenses)+(TotalGeneralandAdministrativeExpenses)

6. IncomefromOperations=(GrossProfit)‐(TotalOperatingExpenses)

7. ExamplesofOtherIncomeincludes:baddebtsrecovered,interest,taxrefundsandother

miscellaneousbusinessincome

8. NetProfit=(I

ncomefromOperations)+(OtherIncome)‐(TotalTaxes)

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