Cynthia is preparing her Schedule C-EZ and realizes that she has over $5,000 in expenses and does not qualify to use the C-EZ. She decides to put only the total net profit in the profit line of the C-EZ and no expenses to arrive at the same net profit she would have placed on a long form Schedule C. Is this acceptable? No. Yes. O No, she needs two Schedule(s) C-EZ to account for the excess business loss since they offset the same overall totals. Yes, but she needs to make sure to write "Aggregated Business Net Profit Calculation per IRC Regs" on the top of the Schedule C-EZ and the Form 1040/1040A/1040-EZ