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Get your taxes done using TurboTax
Well the income is $0, I don't typically file. So as hobby, it would go under Schedule 1- 8J, correct?
So the AGI is only $604.10, as there is nothing else to put.
And then I wouldn't owe anything at all because I am under my state's limit, which I believe is $11,950 for an individual.
Looking at your page on the factors of whether it's a business.
1. I don't maintain books or records at all. The only info I have is whatever is shown on Vine itself in my history. Which is also subject to change at any time, as some of the items for 2025 are delisted on Amazon now and no longer available at all. Even to view or look at.
2. I don't put any more time or effort than necessary. I put in a basic review randomly within a few days or weeks after receiving the product.
3. I don't depend on it for livelihood or anything, since there is no revenue.
4. It's not really relaxing, it's most just to get some items that might be useful where I live (ie, a soap dispenser)
5. Nothing to fund the activity. I'm using an old PC to do it, and a home internet via a free hotspot from the phone my Medicaid insurance qualifies for.
6. I don't have any profit or loss, I would think. There is no revenue.
7. I don't do anything differently than I ever have. I randomly check Vine when I think about it. Get something that looks interesting. Nothing scheduled or on a fixed timetable.
8. I doubt I have the knowledge to carry this out as a business.
9. Never made a profit doing it, because I don't sell it for cash. Unless items themselves count as a profit? I'm not sure how this would work.
10. I don't expect any of this stuff to gain in value. It's either bad items that weren't worth the ETV to begin with, or it's items that'd be used until they are ready to be discarded.