You'll need to sign in or create an account to connect with an expert.
If you have more than $400 gross income you MUST report it on the Sch C even if you have a net loss on the venture.
If you qualify you can use one of the 8 IRS FREE FILE options ... for 2021 your AGI had to be $73K or less …
https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
There are factors to consider when determining if you have to file a 2021 return.
Since you have calculated your self-employed income (net earnings) to be negative you may not need to file if none of these conditions apply:
If you're being claimed as a dependent on someone else's 2021 return, like your parents', go to Do I need to file my own taxes if I'm a dependent?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.