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Dilip Sarwate
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As a personal entity, can I have business expenses deducted?

Hello Money community,

A quick tax question for NY/USA.

Say an online shop sends me a 5k check in my name and not under a corporation, to order 300 glass cups.

And I'm sort of the middle man and I will be using 4k that I got to order the 300 cups from the factory in China. That would leave me with 1k profit after all expenses are paid.

Since I'm receiving the money as a personal entity, will I be taxed on the 5k or 1k?