Should I possess a business license & tax ID to claim income (and deductions) for a part time business? - utility trailer licensing ontario
I design and install landscapes for a small fraction of the time. Income of less than $ 5000 per year, but I did) for the technical equipment (tractor, tiller, trailer and utility. "This requires a business license and tax?
I was told I can 'income as "other income claim" under my social status (1040). If I'm in this way, I can claim a depreciation on my computer?
3 comments:
You should have your local Small Business Development Center is the Contact question.Here this link to find local companies:
http://www.sba.gov/aboutsba/sbaprograms/ ...
You should have your local Small Business Development Center is the Contact question.Here this link to find local companies:
http://www.sba.gov/aboutsba/sbaprograms/ ...
When you say in other income, then you can not deduct anything. You need a C file and SE. You should consult your county on the license.
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