I’ve already decided that it’s time to convert it to a hobby. I’m just not putting enough time into it to justify another year of losses. My question concerns how to file this. Do I file 2018 as a business again but just mark that I no longer have it and then report as a hobby for 2019 or do I just not report it as a business at all for 2018 and go ahead and report it as a hobby on this tax year (18)?
