1/ I got a question about IRS form F and the US tax code. Pull up a chair, childrens!
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10/ IRS had a term for this decades ago. A hobby "loss" (word "loss" in air quotes). Giving rise to "the hobby loss rule".
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11/ I am not an accountant, but my understanding is that (a) you can only have losses 3 out of 7 years (b) you can't "fudge" with $5 profit
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