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March 27, 2020
Question

Worth filing a schedule C?

  • March 27, 2020
  • 1 reply
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If I made $10000 and my expenses were less than $500, is it worth filing a Schedule C or should I just enter it as other income on my regular 1040?

    1 reply

    ColeenD3
    March 27, 2020

    If your income is from self-employment, it is not your option. It must be reported on Schedule C.