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catlover

11-09-2005 01:55 AM

Filing on schedule C . . .

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?

AngryCola

11-09-2005 02:15 AM

Re: Filing on schedule C . . .

Feel free to post this question in one of the other tax threads.

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