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Business & farm
Yes I have all receipts for expenses of the purchase and accessories required. It is all on one card to keep track of expenses specifically for that. By starting a business do you mean open up an LLC/ getting a business license? No. It is an MLM, you are not required to since you are technically an independent contractor. As I stated, the whole goal is to sell however much I can. I have made customer encounters and I have made the effort to market and can show proof, I am just worried, that if i don't make any sales that I won't be able to write off any of my expenses since there is potential that I won't receive the 1099-MISC form. Sorry, this is my anxious mind thinking the worst of the situation.
May 13, 2022
11:44 AM