Income reporting tips

Any tips on how to get by reporting? I'm making a 10% return, but I'm worried about making a little too much. Sales are coming into PP.

PayPal is required to report gross payments received for sellers who receive over $20,000

NutraCash said:

PayPal is required to report gross payments received for sellers who receive over $20,000

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So as long as I gross under $20K, we're good to go?

I would like to avoid having to file a schedule "C". This is just something I'm doing as a hobby and to make a little extra money.

I don't want to wind up having hobby money come back to bite me in the ass, lol. If I do $5k in sales, and only make 500 net, it's nice, but not if EB/PP reports it and I have to start changing my tax filings and account for everything. I might just stay low and slow.


Thanks, good info!