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New Member
posted Jun 4, 2019 8:25:18 PM

Do I need to file for a business account for Arbonne if I made less than $50?

All products were for myself or given to family and friends at cost.

0 1 2003
1 Replies
New Member
Jun 4, 2019 8:25:19 PM

Yes, if you earned income as a self-employed independent contractor/salesperson for Arbonne then the IRS does require that you report that income on a Schedule C (even if it is less than 50.00).

The good thing about filing Schedule C is the ability to apply any expenses you incurred while performing those services. Think about what you did: did you drive places during the course of the work you did?  Take a mileage deduction. Did you buy computer or office supplies to use during the consulting? Take an office supplies deduction.

The only downside is that you’ll be subject to self-employment tax on your consulting earnings… which is basically the self-employed person’s equivalent of social security and Medicare tax that employers normally withhold from your paychecks. That tax is calculated on Schedule SE, and you’ll see an amount appear on Form 1040, line 58.