If I was a business partner in a network marketing company but didn’t earn any money in 2024 and also officially ended my partnership April 2024, do I delete the job?
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If I was a business partner in a network marketing company but didn’t earn any money in 2024 and also officially ended my partnership April 2024, do I delete the job?
Is it better to leave it on this years return since I was still a business partner until April and put $0 income/expenses?
posted
a month ago
last updated
February 10, 20257:15 PM
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If I was a business partner in a network marketing company but didn’t earn any money in 2024 and also officially ended my partnership April 2024, do I delete the job?
Since you were a partner in the business up to April 2024, you should still receive a Schedule K1 from the partnership this year. You will need to report this schedule on your return.