Thank you. "The $400 to which you are referring only concerns the self-employment tax threshold" (not whether or not the amount needs to be reported). That clarifies what I needed to know, including the confusing IRS guidance. I note, though, that TurboTax charges $50 to upgrade to a business return from an individual return, and this year that is a larger amount than I will be claiming on a Schedule C. If this is deductible, TurboTax has missed this deduction for me in previous years, costing me a substantial amount.
