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magizar
New Member

I purchased and sold clothing. Which form should I file for my federal return? All payments were made to me through cashapp and zelle.

 
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CatinaT1
Expert Alumni

I purchased and sold clothing. Which form should I file for my federal return? All payments were made to me through cashapp and zelle.

You will be considered self-employed and file a Schedule C.

 

These links will be helpful to you:

Self-Employed Tax Center 

Tax information for Businesses 

 

To file a Schedule C, here are the steps: 

  • Sign in to your account and select Pick up where you left off 
  • At the right upper corner, in the search box, type in schedule C and Enter  
  • Select Jump to schedule C  
  • Follow prompts, you might be prompted to an upgrade if you have expenses 
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