imaattion
Returning Member

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One thing we should all keep in mind, there are specific rules regarding what is self employment (reported on Schedule C) and what is other income or hobby income. It's not a choice of which way works out best for you. In this case the Tax Payer says it was a one off event, not for profit and one unlikely to pursue in the future. If so that is other income/hobby not a business reported on Schedule C.