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Get your taxes done using TurboTax
the net effect won't be the same as expenses for hobbies are subject to 2% cap and are only deductible if they itemize. Without knowledge of OP's other income, the 2% cap can be an issue. Plus their itemized deductions may be limited.... Would need to know full income and deductions to actually determine if filing a schedule c or c-ez may be better for op.
**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
‎June 4, 2019
12:17 PM