A sad state of affairs . . .

[Mark T. DeNucci, Sr.]

Originally Posted by RichMSN

It's hard for some to believe, but once all proper deductions are removed, it's pretty hard to make a lot of money doing this. I do pay SE taxes yearly, but the number isn't going to make anyone gasp.

Having lost a fair amount of weight this season, I had to buy all new baseball clothes and will have to buy all new basketball and football clothes. All deductible, and it's possible that for the first time EVER, I'll lose money this season.

Rich:

If you are taking all of the legal deductions that you are alllowed and you are still having a taxable profit on your Schedule C, then you have to be doing something wrong. I can not remember the last time that I had a taxable profit on my Schedule C.

MTD, Sr.