The history of IRS Schedule C can be traced back to the early days of the United States. Schedule C was first introduced in 1913 as part of the Revenue Act of 1913. The purpose of Schedule C was to help small businesses track their income and expenses. Over the years, Schedule C has been updated and revised to reflect the changing needs of small businesses. In recent years, the IRS has made a number of changes to Schedule C, including the introduction of the simplified home office deduction.
The history of IRS Schedule E can be traced back to 1954 when it was introduced as a form for reporting rental income and expenses. The form has been revised over the years to accommodate changes in the tax code and to make it easier for taxpayers to report their rental income and expenses.
Schedule C is the winner because it is for business owners while Schedule E is for landlords and investors.