I write as a hobby. Do I need to worry about taxes?

February 14th, 2023 → 9:27 am @ Carol

I write as a hobby. Do I need to worry about taxes? I make a little income in some years. Is my hobby income taxable?

Yes, your hobby income is 100% taxable.

Any income you make from writing, freelancing, your blog, etc is taxable income, even if it’s just a hobby.

The IRS states:

“All income is taxable unless it is specifically exempted by law. Income that is taxable must be reported on your return and is subject to tax.”

The IRS does not give hobby writers a pass or tax-free income. Bummer.

Read Chapter 1 of my book, Business Tips and Taxes for Writers, for more information on hobby income.

Carol Topp, CPA

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Taxes for Writers