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?
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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?
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.