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Q. Simple terms, is 14k too much for the IRS to be considered a hobby?
A. No. But, reporting it as hobby income is not correct, as previously explained. . You don't have a hobby, you just have an online "garage sale". But, $14K is too much to not report it. Yes, there is some risk that the IRS will flag it as possible business income. But, your's is a common sitaution.
‎December 17, 2022
7:28 AM