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Gaoying1
New Member

Besides my normal job, I have a small business on the side for the past 8 years. I took a break last year. Do I have to include this business in my tax return?

 
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1 Reply
KrisD15
Expert Alumni

Besides my normal job, I have a small business on the side for the past 8 years. I took a break last year. Do I have to include this business in my tax return?

You should. 

If the business ended, you would report that on the final Schedule C, but sounds like you might do more with it in the near future so you might want to keep it going. 

 

 

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