Thanks for the reply, but I had some follow-up questions:
1) I have a full-time job which comes with a conventional W-2 every year, which I will report on my tax return. However the small amount of money (less than $150) I made from app sales that I'm discussing here is definitely not what I would consider as my primary source of income. Rather, I would treat it as money made from a hobby. So given this info, would I still need to declare it on my tax return ?
2) Also, I read online that online self-employment related sales have to be reported under 1099-K. Even though I haven't received a 1099-K from Apple (I assume because I'm way below the threshold beyond which they're required to send out a 1099-K), don't I need to report this income under 1099-K instead of Schedule C ?
3) Lastly, as I mentioned above, the sales generates less than $200, but the money I actually received in the bank after Apple took their cut is less than $150. So which amount here do I need to declare ?
