Hello everyone,
been a while since I posted. I decided to use the HR Block free online this year since total income was much less than $60K and I moved into rural WV where help is few and far between. I suppose I could use an online CPA?
I'm ready... spreadsheets, printouts, receipts... mileage log...
But there's a section to enter the 1099s on the HR Block website... They want the names and amounts... (doesn't really work out since most companies report our payment but not all the nitty gritty expenses and travel).
And a section to enter the gross receipts and sales....
Can I just forego entering the 1099s and names (because they only show what you were paid in real money without travel, reimbursements, etc) and just lump it all into the total receipts and sales and then work the schedule C to get all my expenses and deductions worked in? So instead of the $6K in payments, it shoudl show the $4100 I actually made?
The last couple years we used an actual CPA but we moved... new state ... and if you guys remember two years ago I quit my job and went full blown hobo on an organic farm running a tractor and raising honeybees.
To sum it all up, I think I made $4K total last year between mystery shops and eBay sales -- which was its own business entirely... It was a pretty fun year (I lived off savings and it was a great hiatus).
Also, if you sell online, do you describe your business as "eBay sales" ? I'm in the process of getting a license for that this year, too since my original intent was to declutter the house but I realized I loved the online sales and it was making me a little profit!
Again, yes, get a CPA... Anyone have an online one that you love?
I'm all over the place
Hello everyone.