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Rhonda,I used turbotax and they walked me through filling out my Schedule C, so it was very easy.Did anyone answer your question about what code to use? I looked everywhere! Are we direct sellers?
These games are great! I used the Pampered Chef Bingo game at my last show. It was a HUGE hit! The guests kept asking me questions trying to make me say the phrases that were on their cards. It kept me on my toes too!
So, even if you don't receive a 1099, you need to claim the money you did earn? For example, I earned $500 (including incentives) last year. I did not receive a 1099. But, if I want to claim my deductions (consultant kit, host/door prizes, groceries), I need to tell the IRS what I did earn?
I had a similar question. The Home Economics teacher at my school wanted to purchase products to use in her classroom. I called HO. They said it WAS allowed. First, I would need to get a copy of the school's tax exempt letter/number. Then, AFTER submitting my show, I would need to fax the...