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The IRS and your hobby
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03-30-2012, 04:58 AM
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booklady1952
Junior Member
Join Date: Nov 2011
Location: West Central Illinois
Posts: 100
Your friend must have been selling LOTS to owe LOTS of money. Did she not keep receipts to show her expenses?
Plus the IRS will collect Social Security on self-employed people. It's twice the rate that collected from those who work for an employer.
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