@panda0777 wrote:
This didn’t really answer my question
What is "this" that didn't answer your question? You didn't say who you are replying to.
The question you asked was "What happens in situations like this?" I assumed that when you said "what happens" you meant what happens on your tax return (since this is a tax forum), and that the "situation" you were referring to is that your expenses are higher than your gross income from the delivery work. I explained how that affects your tax return. Is that not what you meant?
To be more specific, on your tax return you will report $11,000 of business income and $20,000 of business expenses, giving you a net business loss of $9,000.
If your question has not been answered, perhaps you could explain in more detail exactly what it is that you want to know.
