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Self employed
I know that my negative income (or even a small positive one) doesn't impact my SSDI. The question is, is there a more appropriate way to report my "sales" and "loses" to the IRS than as a business? If I'm small enough, can I let my state license lapse (though I'm not sure it ever does) and stop collecting sales tax, which I do so rarely and in such small amounts that it probably costs the state more to process my return than I pay back? I've read "When the IRS Classifies Your Business as a Hobby" and it does not answer these questions.
‎August 31, 2022
6:30 PM