JotikaT2
Employee Tax Expert

Deductions & credits

That is correct. 

 

As long as it is hobby income and not a self-employed business that you carry on to make money, you should be fine. 

 

Your intent also drives whether or not this is a business or a hobby.  

 

Please see the attached link for more information to help you determine whether your activity is a hobby or if it could be considered a business.

 

Hobby versus Business comparison

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