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

Connect with an expert

1 Best answer

Accepted Solutions

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:

1 Reply

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:

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Unlock tailored help options in your account.