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Thanks for the question ...One way to weigh the tax implications is to consider whether this activity is truly a "business" vs. a "hobby".The guidance from the ...
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The key question is when has the business activity started. There can be expenses which are considered as "start-up" costs and these maybe either expenses or am...
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Since all of this occurred in the same calendar year (2022) and for no more than a six month period, I would report all of this on a Schedule C. This Schedule C...
