When does uncle same see your hobby as a business?

13 years 3 months ago #23655 by The Gardener
I have been getting some here and there photography jobs. Nothing major, just a few family portrait photos and a couple of shots for friends.

At what point does uncle sam look at my hobby as a business?


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13 years 3 months ago #23665 by Rob pix4u2
When it becomes your primary income or when you declare it as such. But you still are responsible for reporting the income yearly even if it is just a hobby much as if it were your second job

Remember to engage brain before putting mouth in gear
Rob Huelsman Sr.
My Facebook www.facebook.com/ImaginACTIONPhotography

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13 years 3 months ago #23688 by crystal
When you start making too much money. lol
Rob pretty much answered it.
I know in PA, once you make over $600/yr you have to claim it on your taxes.
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13 years 3 months ago #23692 by Baydream

cwightmanphotos wrote: When you start making too much money. lol
Rob pretty much answered it.
I know in PA, once you make over $600/yr you have to claim it on your taxes.

But I believe once you claim the income, you can claim expenses up to that amount. That is the info my tax guy mentioned.

Shoot, learn and share. It will make you a better photographer.
fineartamerica.com/profiles/john-g-schickler.html?tab=artwork

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13 years 3 months ago #23710 by KenMan

cwightmanphotos wrote: When you start making too much money. lol
Rob pretty much answered it.
I know in PA, once you make over $600/yr you have to claim it on your taxes.


:agree: that's the same across the nation, once you clear $600.00 in anything it becomes a business in the eyes of government.


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