Quote:
Originally Posted by Mark T. DeNucci, Sr.
It is not $400 income before expenses but taxable profit after expenses.
MTD, Sr.
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Quote:
Originally Posted by Whistles & Stripes
Net income.
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If one has a profit of $400 or more on Line 31 of his/her Schedule C for 2015, then that person has to pay SSC taxes. If your figure on Line 31 is a profit it is a taxable profit.
MTD, Sr.
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Mark T. DeNucci, Sr.
Trumbull Co. (Warren, Ohio) Bkb. Off. Assn.
Wood Co. (Bowling Green, Ohio) Bkb. Off. Assn.
Ohio Assn. of Basketball Officials
International Assn. of Approved Bkb. Officials
Ohio High School Athletic Association
Toledo, Ohio
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