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-   -   Must I file Schedule C (https://www.askmehelpdesk.com/showthread.php?t=433559)

  • Jan 9, 2010, 08:20 PM
    sps966
    Must I file Schedule C
    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
  • Jan 11, 2010, 06:09 AM
    MukatA

    If you received $400 or more, you should file.
  • Jan 11, 2010, 10:55 AM
    AtlantaTaxExpert
    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.

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