well if I add my SSn to Paypal. and make a profit and lost statement and do a schedule C how honest do i have to be on the schedule C? and be a sole proprietor. and file taxes. should i even meation pre 2011 stuff?
THanks
with the new 1099-K from paypal is going to send me.
Im goiong to hit the 20000 gross and 200 payments
I have never claimed anything before.
do i have to get a business license now?
so i just collect all my expensives and do a schedule C?
Any Input would help im in a this and dont know...
So I started Dropshipping Last year.
My Gross Sales is going to hit 20,000 next month probably.
I already hit 200 payments.
Paypal has already asked for tax id or ssn
In paypal im a Sole Proprietorship. on a Business account.
I do not have a business license.
So should i close up shop?
Get a...
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