AliciaP1
Expert Alumni

Get your taxes done using TurboTax

It sounds like you will be paid with a 1099-NEC  when you start earning income.  This will need to be reported on a Schedule C as a Sole-Proprietor, but not until you have earned some money.  The $500 "Start-Up Costs" can be deducted (as long as they remain less than $5,000) in full the first year you earn income.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"