I haven't a business license or anything yet. I will do that shortly. This started out to be a hobby and well, I've earned money on it. Probably about 7-8k this year. With the EITC in mind, will i still get money back on taxes if I hadn't paid out on taxes for my sales?
2007-01-16 15:50:43 · 3 answers · asked by born2bfree 3 in Business & Finance ➔ Taxes ➔ United States
you will still be eligible to file for the EITC. it will help offset any self-employment tax owed.
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2007-01-17 15:21:11 · answer #2 · answered by Srinivasan J 1 · 0⤊ 0⤋
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2016-10-07 06:49:28 · answer #3 · answered by ? 4 · 0⤊ 0⤋