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BEWARE, however - you have to end up in the "black" two out of every three years, or the IRS classifies your umping as a hobby, and then you have to declare EVERYTHING you make but won't be able to write off ANYTHING.
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I don't believe this is true - you might want to double check with your tax consultant/attourney/accountant. This has gone around as a rumor - that 2 of 3, 5 of 7 years, etc. you have to be profitable, but I believe that the only requirement is that you show that it is a legitimate business, which officiating certainly is.
Of course, you will be audited one day regardless!