
Originally Posted by
KZBell
George...How many businesses have you bought and sold and you still don't know what income is whether it be gross or net?
that is not what I was getting at. I was simply asking if anyone else treated it as taxable income and claimed it on their taxes or if they decided not to.
some people just sell on the side and use it as spending money, where others are hard core and really make it part of their business.
I personally claim everything and document every expense.
only stuff I don't claim is gifts, inheritances, etc.
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