- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
First, ask yourself if your hobby is a recreational pursuit or a profit-making endeavor. The IRS defines a hobby as an activity that a person purses because they enjoy it and have no intention of making a profit.
Here are 4 Tips for Money Making Hobbies that should help clarify in greater detail: https://turbotax.intuit.com/tax-tips/self-employment-taxes/4-tax-tips-for-money-making-hobbies/L89qz...
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎August 31, 2022
4:27 PM