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Get your taxes done using TurboTax
You cannot deduct expenses for a hobby. So....is it hobby income---or self-employment income? If you have self-employment income, you can prepare a schedule C for business expenses but you must also pay self-employment tax for Social Security and Medicare.
**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.**
Friday