Where to report Etsy hobby income? If you are a self-employed individual and your Etsy hobby income falls below the $400 threshold, you don’t need to report your Etsy income on your tax return. However, if your Etsy hobby income is...
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When You Hobby Makes Money Tax
When you turn your hobby into a money-making venture, it becomes a business, and you have to pay taxes on your income. How you’re taxed depends on the type of business you have and how you’re earning your income. If you’re...
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