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Old 03-01-2003, 01:27 PM  
Raven
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Join Date: Jul 2001
Posts: 6,874
Turbo Tax

Since you have an office job, you'll get a form from them.

Whatever you earn doing this, will be considered sole proprietor income...self employed income, which is the highest of the taxable incomes. That's why so many recommend incorporating your business.

But, if you've only made $1500., you probably won't get killed.

As you grow, you may want to reconsider the accountant thing. Not all of them are crooks. Many tax preparers are very good and are not as expensive as CPA's.

PayPal is taxable income, as is ePassporte.
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Raven

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