Re: Under Wages and Income - Other self-employed income - do I enter gross or net profit for home...

Under Wages and Income - Other self-employed income - do I enter gross or net profit for homemade goods sold?

Self employed vendor selling homemade goods at markets. Under Other self employed income, do I enter gross or net profits?

posted

You will enter your gross income then deduct all expenses for costs of goods (if you use it) or supplies and other expenses.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Under Wages and Income - Other self-employed income - do I enter gross or net profit for homemade goods sold?