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April 4, 2025
Question

Under Wages and Income - Other self-employed income - do I enter gross or net profit for homemade goods sold?

  • April 4, 2025
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Self employed vendor selling homemade goods at markets. Under Other self employed income, do I enter gross or net profits?

1 reply

April 5, 2025

You will enter your gross income then deduct all expenses for costs of goods (if you use it) or supplies and other expenses.