5 ms·
On the other hand, society seems to have an interest in making sure children do not starve, but I think you would be hard pressed to show society has an interes
by thescribe 10y ago
On the other hand, society seems to have an interest in making sure children do not starve, but I think you would be hard pressed to show society has an interest in subsidizing what amounts to a hobby.
- undersuit 10y agoI don't know man. I just did a crappy google search and found that horse breeding as a hobby allows a certain amount of deductions[1]. OH, but undersuit that sounds more like a business. Dude, the IRS considers many factors when deciding if your activity is a business or a hobby. Most cities subsidize casual sports with public fields and courts. We have a moral opposition to drugs, not a moral opposition to hobbies. [1] https://www.hrblock.com/get-answers/taxes/income/hobby-loss-rules-10798 https://www.hrblock.com/get-answers/taxes/income/hobby-loss-...