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For which of these taxpayer scenarios do you need to prepare a Schedule C? Glenn...

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Accounting

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For which of these taxpayer scenarios do you need to prepare a Schedule C? Glenn has a Form W-2G showing $25,000 in winnings from playing blackjack. He has records showing he spent $30,000 playing blackjack Molly has a Form 1099-MISC showing $1,300 in box 3 for winning a neighborhood fundraising raffle. She bought six raffle tickets for $10 each. O Stethia has a Form 1099-NEC showing $825 in box 1 as compensation for distributing product samples. She incurred no expenses. Randall sold his car to his neighbor for $2,800 cash. He bought the car ten years ago for $20,000

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