Hi,
Wondering in the Schedule A, there is a 'Hobby Loss' that is deductible, and wondering if I buy a piece of audio equipment for $2000, sold it for $1000, I can declare a 'hobby loss' of $1000 ?
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Topic - IRS: 'Hobby Loss' deduction ? - Busybusy 14:25:11 04/05/01 (11)
- Re: IRS: 'Hobby Loss' deduction ? - imrer 12:40:06 04/06/01 (6)
- But you DID sleep at a Holiday Inn last night, didn't you? - Chris Garrett 21:31:00 04/07/01 (1)
- Re: But you DID sleep at a Holiday Inn last night, didn't you? - imrer 22:05:11 04/07/01 (0)
- I believe you are correct..... - marc g. 15:50:07 04/06/01 (2)
- Re: I believe you are correct..... - Sean 00:03:54 04/07/01 (1)
- Re: I believe you are correct..... - Fear3000 08:02:21 04/07/01 (0)
- Re: IRS: 'Hobby Loss' deduction ? - surround 13:58:52 04/06/01 (0)
- You can deduct anything you want... - Rich 15:02:52 04/05/01 (3)
- Re: You can deduct anything you want... - Chris C 16:42:09 04/05/01 (2)
- Re: You can deduct anything you want... - Brian 09:13:56 04/07/01 (0)
- Re: You can deduct anything you want... - surround 13:57:29 04/06/01 (0)