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View Full Version : Must I file Schedule C


sps966
Jan 9, 2010, 08:20 PM
I sell Avon, I have filed Schedule C with my 1040 ( I work part time) for the past 3 yrs each time showing a loss and no profit for Avon this year it is the same I'm thinking it is a hobby as I don't work at it. Do I have to file a Schedule C this year( I'm showing a loss) or can I just forget it

MukatA
Jan 11, 2010, 06:09 AM
If you received $400 or more, you should file.

AtlantaTaxExpert
Jan 11, 2010, 10:55 AM
The $400 in gross income receipts is NORMALLY the threshold for filing a Schedule C.

However, if you have NOT shown a profit these past three years an an Avon representative, and you wish to convert it to a hobby, then NO Schedule C is required on your 2009 return.