Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
chu
New Member

I sell art as a hobby at conventions & I use Square for transactions. I've paid my tax returns for the individual conventions. Would I still need to file this?

 
1 Reply
NancyG
New Member

I sell art as a hobby at conventions & I use Square for transactions. I've paid my tax returns for the individual conventions. Would I still need to file this?

Yes, you would report your activity on your income tax return. I have attached additional resources which describe the difference in the tax treatment of a "hobby" verses a "business" to help you determine how your sales should be reported.

4 Tax Tips for Money Making Hobbies 

When the IRS Classifies Your Business as a Hobby

Beginner's Tax Guide for the Self Employed 

Tax Tips for the Self-Employed

Dynamic AdsDynamic Ads
Privacy Settings
v