Use These Six Digits to Avoid Contact with the IRS
That’s right! These six numbers – 711510 – will help you avoid contact with the IRS. Why? Read on.
As an independent author, editor, illustrator, researcher or writer, you will most likely file a Schedule C (Profit or Loss From Business), used by sole proprietors to show business income and expenses for the year. Schedule C is attached to Form 1040 and becomes part of your overall tax computation.
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October 1st, 2012 at 3:59 pm
That’s helpful, Gary– you’d be surprised how long it took me to find the correct category when I first started freelancing. Thanks for making it simple!