If you would please offer your opinion to a simulacra situation:
New single member LLC, I made net $300 profit (ebay) and was under the $600 limit and never received any 1099. If I am not required to file the Schedule C, them where do I list the $400 on my 1040? Schedule 1, and I assume I should for good practice file the Schedule C as well. Is this correct?
Thanks
