Re: going from hobby to schedule C??
I am addressing only the schedule C vs F issue. Last year I wanted to start filing with schedule F. My accountant put it on a schedule C. When I went in to pick up my completed taxes, I said I asked for C, not F. Receptionist called accountant, he said it didn't make a difference but would put on F if I wanted. Yes, that's what I wanted. Went back 2 days later to get my completed taxes, they were still on C and again he said it didn't matter. I filed on C form, not happy.
Afterward someone on beesource, and accountant I believe, said that in IRS eyes C is the wrong form. I didn't amend last year--but this year I'm going to find a new accountant and file on F form.
Pleasant words are a honeycomb, sweet to the soul and healing to the bones. Prvb 16:24
March 2010; +/- 50 hives, TF