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Taxes and Things

So has anyone else done this form for taxes on things you sell at the con? Because last I heard you had to make a certain amount before it was txced and I'm only selling this one time at the artists alley so I wasn't sure if I needed to do it. Just a little confused on the whole process since the form says you have to submit all taxes by a certain point at the end of the month every month, but I'm only selling this one time. I'm probably just reading it wrong or something. Help please?

I am pretty sure that you only have to do taxes f you make more than 500.... but I am not sure.