https://ttlc.intuit.com/community/self-employed-group/discussion/hobby-vs-business/01/2768609#M6863 <P>Hello - I have read a few other threads talk about the IRS considering our side hustles a hobby vs. a business. I currently re-sell my kids' old clothes on eBay, Mercari, and a few other sites. I don't expect to make money, though the goal is to recoup some of the initial costs. For example, a shirt I purchased a few years ago for $10 would sell for $2. Would this be considered a hobby? When I read about how you can't deduce hobby expenses, does that mean all $2 would show as gross income? Would it take into consideration that I didn't exceed the value of the shirt? HELP!&nbsp;</P><P>&nbsp;</P><P>Thank you!</P> Tue, 10 Mar 2026 05:42:06 GMT MartinR59 2026-03-10T05:42:06Z https://ttlc.intuit.com/community/self-employed-group/discussion/hobby-vs-business/01/2768609#M6863 <P>Hello - I have read a few other threads talk about the IRS considering our side hustles a hobby vs. a business. I currently re-sell my kids' old clothes on eBay, Mercari, and a few other sites. I don't expect to make money, though the goal is to recoup some of the initial costs. For example, a shirt I purchased a few years ago for $10 would sell for $2. Would this be considered a hobby? When I read about how you can't deduce hobby expenses, does that mean all $2 would show as gross income? Would it take into consideration that I didn't exceed the value of the shirt? HELP!&nbsp;</P><P>&nbsp;</P><P>Thank you!</P> Tue, 10 Mar 2026 05:42:06 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/hobby-vs-business/01/2768609#M6863 MartinR59 2026-03-10T05:42:06Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-hobby-vs-business/01/2768804#M6864 <P>This is what the IRS says about Hobby vs Business:</P><P>&nbsp;</P><P><A href="https://www.irs.gov/newsroom/earning-side-income-is-it-a-hobby-or-a-business" target="_blank">https://www.irs.gov/newsroom/earning-side-income-is-it-a-hobby-or-a-business</A></P><P>&nbsp;</P><P>&nbsp;</P> Wed, 31 Aug 2022 19:47:42 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-hobby-vs-business/01/2768804#M6864 mgjr73 2022-08-31T19:47:42Z