Coleen3
Intuit Alumni

Deductions & credits

No. There are several problems. 1) She can't deduct your expenses on her taxes. 2) Hobby expenses are no longer deductible under TCJA. 3) Unless you have a formal business structure, she can't invest. At most, this is a loan or a gift.

In order for it to be a business, on your tax return, you would have to meet qualifications that prove this is not a hobby.