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Wed Oct 31, 2001, 02:21pm
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JJ,
You would always be able to deduct you're expenses against the income whether or not it's a "hobby". The only question is if you can deduct a loss. Meeting the three out of five rule only precludes the IRS from disallowing a loss as a hobby. The facts and circumstances of your officiating business could allow for losses if the expectation or motive of profit, which of course there is.
__________________
Steve 
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