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Retirement tax questions
Thank you for the information, much appreciated. I just wanted to mention, the commission I receive for the entire year is usually between $800-1000. Very little. The only reason I continue with this business is because I get my vitamins paid using my commission. I don't get them free for being in the business. I still have to pay for them so maintaining the business helps me pay for my vitamins. I'm not profiting much but it's a passive income and it's something. I think I will continue to file schedule C even if there are very minimal expenses. I'm just concerned that the IRS will see that the income is very low so why do I even have expenses. I've been doing this for over 5 years now with very low commission because I don't want to sell anymore.