I create homemade cards and I found a store?
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04-28-2014, 07:28 PM
Post: #1
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I create homemade cards and I found a store?
During the Christmas holidays who would be interested in selling them. My question is: Do I need to pay taxes at the end of the year? Thanks for your help.
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04-28-2014, 07:33 PM
Post: #2
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you should report the revenue as income, if you are a sole proprietor (meaning this is not just a one time event), you can set yourself up on schedule SE and schedule C and take out social security taxes. Sounds like your business is off to a good start and it sounds like fun to me
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