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Get your taxes done using TurboTax
Unfortunately not very likely.
When taxpayers take expenses that are usually considered a hobby, and try to deduct those expenses as business expenses, the IRS usually takes a hard look at those expenses. Hobby-type expenses can be disallowed for reasons as broad as:
- The expenses are not reasonable and necessary.
- There is a high degree of personal enjoyment from the expenses.
‎June 6, 2019
10:15 AM