Quote:
Originally posted by bob jenkins
Quote:
Originally posted by Kevzebra
oh, and by the way, I took a year long tax class for my masters so I know this is all legal. I could have lost money if I had claimed all my expenses!
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Then you should have claimed all your expenses -- losses are allowed on a business.
Sometime you'll have to claim a profit (1 every three years?) or the IRS will consider it a hobby and not allow any of the deductions.
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Did you take the same class I did? LOL I think it is 3 out of 5 now, but I could be wrong.
Mon Mar 31, 2003, 09:26am
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