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Old 02-24-2008, 01:58 PM
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Default IRS Form 1099 from Mastro Auctions

Posted By: boxingcardman

Anyone who decides to run a business can do so. You do not have to be full-time. You have to be out for a profit and conducting yourself as a business, which mostly means keeping accurate records of what you are doing and preparing a Schedule C for your return. As long as you show a profit 3 out of 5 years, your business will pass muster.

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