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Old 03-24-2021, 02:47 PM
Gusturd Gusturd is offline
Art Levenson
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Join Date: Jan 2017
Location: Northeast
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Quote:
Originally Posted by RL View Post
Here is where you can get your answers. There are some posts on this thread giving you false information.



https://www.taxslayer.com/blog/busin...-hobby-income/
Yes I had actually read this already and it's why I feel like I've been going around in circles on this topic (even before I decided to ask here). Nothing I read in this thread will replace the professional advice I receive. I'm just trying to wrap my head around how it works in the mean time.

Reading that article it sounds like nothing is deductible. Ebay fees, PayPal fees, shipping are all expenses aren't they? Therefore not deductible for the hobbyist?
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