bluford_trojansr
Returning Member

Get your taxes done using TurboTax

I’m just wanting to know if that money reported is taxable.  Im not trying to itemize or deduct losses because I took the standard deduction this year.   When I chose the option that the money reported was from a hobby, my tax liability didn’t go up.  I just wanted to make sure choosing it as a hobby was the right way to go since it’s not a true form of income.