You're screwed either way. If it's a hobby, you can't write anything off but you're only taxed at the lower rate. If it's a business, you can write everything o...
They answered on the other post. Here was the response:According to the IRS "If you sold an item you owned for personal use, such as a car, refrigerator, furnit...
That's not exactly what I was asking. I apologize for not being clearer. How much does the IRS tax a person for income made from a hobby vs. the amount a person...
I'm not a tax person, but I do sell on eBay. They collect and keep the state sales tax on the items you sell. What they do with it is beyond me, though.