Battleground Games Forum

Miniature Games => Warmachine / Hordes => Topic started by: andalucien on March 02, 2014, 12:42:59 PM

Title: Haha... tax deductions for "hobby expenses"...
Post by: andalucien on March 02, 2014, 12:42:59 PM

Was just doin' my taxes and... guess what I came across in deductions area:

(https://www.evernote.com/shard/s101/sh/3ec724d1-7c10-4e06-a909-0609c916bc22/eda09dcb52680e6676e35efbf2bf4da9/res/30b5f83f-6ca2-48fd-9bb7-896192b0f3e8/skitch.png?resizeSmall&width=832)

I got real excited...

But then I looked up what it means...

This is only relevant if you make money off of your hobby.  So like, if you sell armies or a jobs in your spare time, you could deduct expenses that went into preparing those things to be sold  (I think).

Title: Re: Haha... tax deductions for "hobby expenses"...
Post by: Rob S on March 03, 2014, 09:54:31 AM

Makes sense, considering you'd be getting taxed on the income.

Allegedly.