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I have an art business that I put a lot of money into monthly but haven’t made money back. How do I include in my taxes? I have a domain and a few online shops.

 
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1 Reply
PaulaM
Expert Alumni

I have an art business that I put a lot of money into monthly but haven’t made money back. How do I include in my taxes? I have a domain and a few online shops.

If you have a business, you'll enter income/expenses on a Schedule C. Net profit/loss will be calculated and SE taxes will be calculated on earnings of $400+.

Type 'Schedule C' in the search field box, then select the 'jump to' link to get started.

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