Some sole proprietors will be able to file a simplified Schedule C next year. Schedule C-EZ, currently in draft form, is for self-employed individuals who have only one business, have no employees and meet other requirements: Expenses can’t exceed $5,000. The business uses the cash method of accounting and has no inventory, net loss or prior-year unallowed passive activity losses. Additionally, neither the home office deduction nor depreciation write-off is claimed.