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I rented a booth at a mall for 3 months where I sold vintage items.. After booth rental cost and 10% fee on items sold I have no profit. Do I need to report this activity?
posted
June 5, 2019
11:37 AM
last updated
June 05, 2019
11:37 AM
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I rented a booth at a mall for 3 months where I sold vintage items.. After booth rental cost and 10% fee on items sold I have no profit. Do I need to report this activity?
Yes, you have to report your income and expenses on a Schedule C, Profit or Loss From Business.
You can find more information about Schedule C in the FAQ below:
June 5, 2019
11:38 AM
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I rented a booth at a mall for 3 months where I sold vintage items.. After booth rental cost and 10% fee on items sold I have no profit. Do I need to report this activity?
Yes, you have to report your income and expenses on a Schedule C, Profit or Loss From Business.
You can find more information about Schedule C in the FAQ below:
June 5, 2019
11:38 AM
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