Thank you for your response. If you don't mind, I had a couple of follow-up questions:
- Funds credited to a steam wallet account are (per the Steam terms anyways) non-transferrable to any other account, but are still valid for purchasing games (so if I sell something and get credited $0.03, that could be used as 3 cents off purchasing a game). Does the fact that the credit I got from the sale non-transferrable from a Steam account factor into whether or not it is taxable?
- Is there a practical difference between hobby and miscellaneous income for this purpose?
