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Get your taxes done using TurboTax
LoriLeigh,
Thank you for your quick response.
I do earn a profit, always bringing in more money than my expenses.
I have a goal to buy a home so I want to use the extra kitten sale income to qualify for a mortgage,
so I think I need to include it on my rax returns?
Therefore, do I call it a business? Not a hobby?
I live in Arizona. No license is required to breed and sell kittens.
Is there anything else I need to do to claim the extra income as business profits?
Thank you again for your help!
PBCool
‎October 25, 2023
1:38 PM