catlover
11-09-2005, 01:55 AM
OK. Suppose I've decided to file on schedule C. What should my schedule C look like?
Schedule C has a line for "gross receipts or sales", and then lines for various forms of costs and expenses.
The two issues that confuse me the most are:
1) What is a "gross receipt or sale". Looking at my neteller, etc. -- how do I count it?
2) On what line do I report my buy ins or losses?
Schedule C has a line for "gross receipts or sales", and then lines for various forms of costs and expenses.
The two issues that confuse me the most are:
1) What is a "gross receipt or sale". Looking at my neteller, etc. -- how do I count it?
2) On what line do I report my buy ins or losses?