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Old 02-28-2011, 02:50 PM   #76 (permalink)
garpike
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Join Date: Jul 2010
Location: Middletown, Ohio
Posts: 6,260
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Quote:
Originally Posted by jlzinck View Post
You should also expense anything else used in the business if it's not included in the 10%

P1 $20K
P2 18K+ if you paid for the shipping/supplies etc out of your cut.
OMG...That is cool. I never thought about that.

Now how much documentation will I need to send in with my taxes to prove all this stuff?

ALSO: Thank you guys so very much for this info, I absolutely love this board and its members.

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