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It's not a matter of reporting the income on Line 21 or Sch C but whether the activity rises to the level of §162 trade or business. That's something you will need to evaluate with your client based on all the facts and circumstances.
It's not a matter of reporting the income on Line 21 or Sch C but whether the activity rises to the level of §162 trade or business. That's something you will need to evaluate with your client based on all the facts and circumstances.
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