Okay. First of all you shouldn't be asking us this. I'm not a CPA and as far as I know there are no tax professionals around here. I told you about Outright, which will help you keep track of your profits and expenses, but it's your job to figure out what to do with those numbers. You should see an accountant, because it's not my job nor my responsibility (nor anyone else here's) to instruct you on how to do this.