The Internal Revenue Service (IRS) considers income from hobbies to be taxable. This means that any profits you make from your hobby must be included on your tax return. There is no specific amount that is considered taxable for hobby income....
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Vera Sandlin
Vera Sandlin is the founder of uptowncraftworks.com, a website dedicated to helping crafters find the materials and tools they need to create beautiful and unique handmade items. Vera has been crafting for over 15 years and has a passion for creating unique and special items that can be enjoyed by others.