Tax Tip: Taxable Hobby

Welcome to Tax Tip Tuesday, the 12-week series designed to assist you in locating information found on the IRS website, with hopes of building confidence and independence this tax season.
This week’s tax tip: when to report income for a hobby.
Tax tips are provided by the IRS Tax Tip Archive, which can be access anytime by visiting www.irs.gov/ne..., and are not intended to replace professional tax advice.