I owe $350 on my federal income taxes, however, I could file a Schedule C and claim a loss. Good idea, or not? Ya see, my side gig is Acting. And I spend some money on acting, and make a little, but pocket change. My concern is, if I file a Schedule C, and take a loss, will that automatically trigger an audit? I do have receipts, and could have a loss of about $500, so instead of me owing $350, they'd owe me $150. Again, would that trigger an audit? Should I just pay the $350? I've never been audited. Please help.

