Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
scripturepicture
New Member

Where do I report income and expenses from sales (not royalties) of a self published book?

 
1 Best answer

Accepted Solutions
TomYoung
Level 13

Where do I report income and expenses from sales (not royalties) of a self published book?

That would be on Schedule C.  You're "in the business" of authoring and selling books.

Tom Young

View solution in original post

2 Replies
TomYoung
Level 13

Where do I report income and expenses from sales (not royalties) of a self published book?

That would be on Schedule C.  You're "in the business" of authoring and selling books.

Tom Young

maglib
Level 10

Where do I report income and expenses from sales (not royalties) of a self published book?

Sales and Royalties can both be Schedule C or Self Employment.  The advice for sales is the same as royalty income.

https://ttlc.intuit.com/replies/6597883

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v