Wednesday, April 09, 2008
Tax help needed please!!!
Alright, so this is terribly last minute and I'm struggling to finish up our taxes. I actually started them a few weeks ago, but still haven't completed them. I'm having a problem with how I should file my profits from the craft fair I did in november and things I sold on etsy. I was hoping someone could offer me some advice! (and quickly). I'm technically not a business, as I have never started anything legal to become one. I did one craft fair in November and the profit was just under $400. Do I just file this as extra income under a hobby? Any insight?? Thanks!!