The difference between a pro and a hobbyist

 can you tell if you’re really a profesional or just an amateur hobbyist.

Some rules first:  an individual cannot qualify as a non-profit or charitable organization.

A professional must be in it for-profit.


The IRS will infer you are in it for-profit and allow you to deduct as ordinary business expenses your expenses but only if, in the last 5 yax years, you made a profit in 3 of those years.

If not, yours is just a hobby and you’re not in business.  Only BUSINESS EXPENSES can be deducted, not hobby expenses.


If indeed, you are a professional (musician, writing, etc.) aren’t you tired of all the hobbyists posting their non-qualified comments about business?


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