The Internal Revenue Service (IRS) considers any money earned from a hobby to be taxable income. As a result, if you earn income from a hobby, you are required to report that income on your federal income tax return. There are...
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Where To Enter Etsy Hobby Income
If you’re a crafty person, you’ve probably considered selling your handmade goods online. And, if you’ve considered Etsy, you may be wondering where to enter your hobby income. Your Etsy shop is a great place to sell your handmade items, vintage...
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