Kea Posted October 14, 2012 Report Posted October 14, 2012 Client worked in a multi-level marking self employment gig for several years. She did not spend any time on this biz in 2011 and had other W2 and 1099 Misc pursuits. However, she does still receive residuals or commissions from her down lines. Time to close this Schedule C and move to line 21 -- without S/E? Thanks! Quote
jainen Posted October 14, 2012 Report Posted October 14, 2012 >>ime to close this Schedule C and move to line 21 -- without S/E?<< No, never. Quote
Jack from Ohio Posted October 14, 2012 Report Posted October 14, 2012 All income from her MLM activities is subject to SE. Period!! For simplicity, use C-EZ instead. Still subject to SE. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.