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macpod posted:I live in Maryland and started selling electronic kits this year for amusement and to fund my personal projects. By the end of the year, I will have net sales of about 1500$ and next year I expect that to be higher. For offsetting income by using expenses you use a schedule C on your federal return. It's pretty simple, just look at the form & instructions off the IRS website. Just make sure you have records of what the stuff cost you. http://www.irs.gov/pub/irs-pdf/f1040sc.pdf http://www.irs.gov/pub/irs-pdf/i1040sc.pdf
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# ¿ Nov 21, 2011 23:49 |
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# ¿ May 2, 2024 08:52 |