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SummerOnTheWay1
Community Champion ⭐⭐⭐
March 3, 2024

💼 How to Turn Your Hobby Into Cash (AARP Article)

  • March 3, 2024
  • 1 reply
  • 1925 views
ANYONE DID THIS?  🤔  I WISH I HAD A HOBBY WHICH WOULD WORK!  😎
 
How 4 Women Turned Their Hobbies Into Cash.
 
Your personal interests and skills can also earn you money.
 
By Joyce Sampson. Published February 27, 2024.
 

https://www.aarp.org/work/careers/turn-hobbies-into-cash/

1 reply

GailL1
Community Champion ⭐⭐⭐
March 4, 2024

The IRS determines the difference in a hobby and a business and sometimes it does get mirky.

IRS.gov - Here’s how to tell the difference between a hobby and a business for tax purposes 

They can both make cash and it is probably for this reason that many people don’t pursue this type of action of turning their hobbies into cash - it gets to be too much like a business.  

 

 

IT‘S ALWAYS SOMETHING . . . . .. . . . Roseanne Roseannadanna