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I was involved with a network marketing company in 2017 and was told I could claim it on my taxes. Can I? or do you have to make so much in order to claim?

 
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I was involved with a network marketing company in 2017 and was told I could claim it on my taxes. Can I? or do you have to make so much in order to claim?

If you earned more than $400 net income (income less expenses) working as a self-employed individual (or independent contractor), you must file a Schedule C, business income and expenses with your personal return and pay self-employment tax-same as withheld on a W-2.

If you otherwise earned enough to file a return, you must report your self-employment income, no matter how small.

If you did not earn any business income, you can still claim your business expenses.

Simply follow these steps to enter your income from self-employment. 

 


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