TromboneAl
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- Joined
- Jun 30, 2006
- Messages
- 12,880
I'm doing my 2007 income taxes now, so that I can figure out how much I want to convert to a Roth IRA.
Here's my first question:
When figuring in driving expenses, etc., I will have a net loss for my jazz gigging. That is, my net profit will be about -$150 (Income about 650, expenses about 800).
I have decided not to use a schedule C for this, and to treat it as a hobby. So...
On what form/line do I report this income and these expenses?
Thanks!
Here's my first question:
When figuring in driving expenses, etc., I will have a net loss for my jazz gigging. That is, my net profit will be about -$150 (Income about 650, expenses about 800).
I have decided not to use a schedule C for this, and to treat it as a hobby. So...
On what form/line do I report this income and these expenses?
Thanks!