Crafty Hands Club Podcast

Tax Reporting Requirements for Craft Businesses and Hobbyists

Informações:

Sinopse

Craft businesses and hobbyists have tax reporting requirements. In this episode, you'll find out what's considered a hobby according to Internal Revenue Service (IRS), taxable income requirements, expense deductions, forms to file, and 1099-K for crafters who sell goods on third party sites (Amazon, Etsy).