Cant share printer

I am trying to share out a printer on a machine running vista home basic. I have setup myself as an admin acct. When i try to turn on printer sharing in the network and sharing center, i can turn it on but when i hit apply, it goes back off. Same for folder sharing. I also get error 0x0000007a and sometimes i get a message saying i dont have privileges. I have researched this and cant find anything close to my issue.
MCSComputersServicesAsked:
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LeeTutorConnect With a Mentor retiredCommented:
This is a pretty good web page on file and printer sharing in Vista.  Have you made sure to follow all its guidelines:

http://technet.microsoft.com/en-us/library/bb727037.aspx
File and Printer Sharing in Windows Vista
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LeeTutorretiredCommented:
MCSComputersServices, any feedback?
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