xuan150279
Level 3
12-06-2019
10:16 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Solved! Go to Solution.
Labels
itonewbie
Level 15
12-06-2019
10:16 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It's not a matter of reporting the income on Line 21 or Sch C but whether the activity rises to the level of §162 trade or business. That's something you will need to evaluate with your client based on all the facts and circumstances.
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar