The letter could arrive anytime from 6 weeks from now to three years from now. But if you haven't heard anything after three years from now you're probably not going to.
If you receive the letter it would just be a bill from the IRS charging self-employment tax on the full amount that you received. The IRS would not know about any expenses that you had. SO you may want to file a tax return at the point that you receive the letter in order to report your expenses and reduce your tax liability.
@JackSommers
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