[olug] Part-time Self Employment (Side Jobs)

[Eric Penne]

Do you have to register yourself as a business with the state or anything?




>>deduct your expenses.  You have something like 7 years to turn
>>a profit at
>>your "business" or the IRS reclassifies it as a "hobby" rather than a
>> business.
>
> Actually, its more restrictive than that:  you have to show a profit 3
> out of
> 5 years.
>
> robert.a.jacobs