I've been filing my freelance computer programming income as self-employment for the past 18 years (and it was my only source of income until 2019), but I'm now retired (72), living off Social Security benefits, and my programming work is only bringing in $2-3K a year. Would I be better off filing my programming income as…
As subject says, wife has a very small home business that she does pay quarterly sales tax for on her sales. She has $2,068 in expenses, and $2,037 in sales. How do I enter this on FreeTaxUSA?
Is there a dollar amount to determine if you would file on your personal taxes as a hobby? Or, how to determine if the expenses and income would dictate making a business/incorporating and filing taxes separately?
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