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Official tax stuff
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Fri Aug 26, 2005, 09:20am
Warrenkicker
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Join Date: Aug 2003
Location: Wichita, KS
Posts: 945
Making a profit 3 out of 5 years is a business and not a hobby. If you are a business then you should file and if you become a hobby then you can refile for the past years as you don't have to file if it is a hobby.
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