Disregard previous post as it contained a few mistakes. Federal Schedule
C is not needed for hobby expense or sales with no intention of profit.
1099-K amount can be reported on federal Schedule 1, line 8z if the
activities show a gain after expense ...
Federal Schedule C is not needed for hobby expense or sales with no
intention of profit. 1099-K amount can be reported on federal Schedule
1, line 8z if the activities show a gain after expense. Losses are
reported as 0 on line 8z of Schedule 1 and l...
