http://wildcashflow.com/2009/10/if-you-made-some-money-from-an-online-business-in-2008-how-do-you-claim-it/ Money Making Secrets Online Thu, 12 Jan 2012 20:05:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://wildcashflow.com/2009/10/if-you-made-some-money-from-an-online-business-in-2008-how-do-you-claim-it/comment-page-1/#comment-9569 Judy1 Thu, 22 Oct 2009 14:03:59 +0000 http://wildcashflow.com/2009/10/if-you-made-some-money-from-an-online-business-in-2008-how-do-you-claim-it/#comment-9569 If you made $400 or more for the year, you must file. You'd report your income and allowable expenses on a schedule C or C-EZ, and also fill out a schedule SE to calculate your self-employment tax (social security and medicare). The numbers from the bottom of the two schedules will transfer to your form 1040.<br><b>References : </b><br> If you made $400 or more for the year, you must file. You’d report your income and allowable expenses on a schedule C or C-EZ, and also fill out a schedule SE to calculate your self-employment tax (social security and medicare). The numbers from the bottom of the two schedules will transfer to your form 1040.
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