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<p>[QUOTE=&quot;C Jay, post: 1861947, member: 13184&quot;]You can start out small, but you need to keep it personal (1040 Schedule C).&nbsp; You will need to put every nickle you earn back into the business to grow it.&nbsp; In the process you will learn to track every sale and get a good handle on what your obligations are.&nbsp; Quarterly estimates are exactly that, an estimate.&nbsp; If you guess low then plan on writing a check to the IRS in April, if you guess high, then a tax refund is coming your way.&nbsp; What truly matters is what you file at the end of the year.&nbsp; Don&#039;t play games with the IRS, and don&#039;t lie, especially to yourself.</p><p>Since you plan on going to college, get a business degree and read everything you can about being an entrepreneur.&nbsp; By the time you graduate, then you will have a good knowledge base to start a business.&nbsp; If you reinvested everything you made back into your personal business and grew it, then you will have the capitol to start a formal business where you can start to draw an income.[/QUOTE]</p><p><br /></p>

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