turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

shepunch
New Member

Age where no taxes are taken as a hobby crafter

I am retired (age 70) and make jewelry, as a hobby, to sell at craft shows. At what age do I no longer have to report or collect taxes from craft shows?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Age where no taxes are taken as a hobby crafter

Age has nothing to do with whether you need to file or pay tax.   You could have a filing requirement if you are an infant or 100 years old.   Whether you need to file a tax return or pay tax is based on how much income you received and what kind of income it is.

 

 

Who has to file?

http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Age where no taxes are taken as a hobby crafter

@shepunch Again---age is not a factor--at all.   But I wonder if you are actually just confused about whether the income you are receiving is "hobby" income or if it is self-employment income.   That is what you must determine in order to see if you should be preparing a Schedule C for business expenses and if you should be paying self-employment tax for the income you receive from your craft sales.  

 

See this related post:

https://ttlc.intuit.com/community/taxes/discussion/how-or-where-do-i-report-hobby-income-400-in-the-...

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question