Homestay Schedule C at Homestay

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Homestay Schedule C. Depending on the length of stay, homestay company, and region, hosting an exchange student can earn you anywhere from an extra $30 a day to $1,400 per month. • if a loss, you.

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And to differentiate between mileage that involves the whole family versus mileage that just benefits the student. Amounts received under “accountable plans” are not considered taxable income. There is not a specific exclusion for these payments under the internal revenue code.

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Schedule c is a place to record the revenue from your business and all the costs associated with running your business. • if a loss, you. The following person are exempted from sales tax. The first section of the schedule c is reserved for your business information.