I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

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I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

You would file Schedule C and take the loss. If you do it to make money, not just for the fun of it, it is a business and should be treated that way, not as a hobby. You will need to upgrade to Turbotax Self-Employed or Home and Business.

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I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

Is there a limit to how many years in a row you can show a loss?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

No. The IRS expects a profit within the first 5 years, but nothing is written in stone. A constant loss may need to be explained.

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

It has been more than 5 yrs. who and how would I explain to?

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I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

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I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

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I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

I have an average of 1200 income loss for the last several years, Can I claim my business as a loss or do I need to claim my Avon business as a “Hobby”?

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