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Questions about filing taxes as a Thirty-One consultant for the first time!!
I signed up for Thirty-One with the sole purpose of getting their bags at a discounted rate. Not to sell them. I have only sold one and made $10. When you first sign up you get about 7 bags for an approx $100 start up fee but I use those for myself. I did not keep them as inventory. I do not have inventory period. Where does the $100 start up fee go on tax forms? Do I still fill out a Schedule C? I know they are required to send me a 1099-MISC even though I bought from my own store. Also, I was paying to have a website through Thirty-One Gifts for a few months. Do I enter that somewhere for tax purposes? Your help is really appreciated!
‎January 19, 2020
1:46 PM