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Project 5 Taxes

Rubric for Taxes Project: Completing IRS Schedule C

Criteria Max Points Outstanding Good Needs Improvement Unacceptable
Accuracy of Schedule C Completion 4 All required lines on the Schedule C are accurately completed based on the provided figures. (4) Most lines are accurate, with minor errors or omissions that do not affect the overall outcome. (3) Several errors or omissions are present but the form is mostly complete and functional. (2) Significant errors or omissions make the form incomplete or inaccurate. (1) <br> No Schedule C is submitted, or it is largely incorrect. (0)
Adherence to Guidelines 2.5 The submission strictly follows the project guidelines, including correctly completing all specified lines and excluding irrelevant data. (2.5) Follows most guidelines but includes minor deviations or unnecessary data. (2) The submission fails to follow several guidelines or includes irrelevant or incorrect data. (1.5) Does not adhere to the project guidelines or is unusable. (0)
Clarity and Presentation 1 The Schedule C is clear, legible, and professionally presented. (1) Mostly clear and legible, with minor formatting or presentation issues. (0.75) Poorly presented or difficult to read due to formatting or legibility issues. (0.5) The form is unclear, illegible, or unprofessional. (0)

Notes:

  • Ensure the Schedule C reflects the provided figures accurately and adheres to the specified line requirements.
  • Do not include irrelevant income, expenses, or data outside the scope of the musical enterprise.
  • Submit a clear and professional-looking form that meets the project’s requirements.
  • This project is for educational purposes and is not a substitute for professional tax advice.