Tips for taxpayers who make money from a hobby

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Many people enjoy hobbies that are also a source of income. From painting and pottery to scrapbooking and soapmaking, these activities can be sources of both fun and finances. Taxpayers who make money from a hobby must report that income on their tax return.

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Original Article Source Credits: IRS,https://www.irs.gov

Article Written By NA

Original Article Posted on : July 1, 2019

Link to Original Article: https://www.irs.gov/newsroom/tips-for-taxpayers-who-make-money-from-a-hobby

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