Tax Time Blues

Wednesday, April 9th, 2014 04:16 pm
lizvogel: What is this work of which you speak? (Cat on briefcase.) (Work)
So, according to IRS Pub. 525, it seems that the prizes from the ISFiC Writers Contest go on the 1040 as "other income", and not as business income from writing. This is rather discouraging; I was looking forward to having actual income on my writing Schedule C, not just expenses!

Ah, well. Next year, eh?

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