Is hobby income from writing taxable?

January 21st, 2013 → 8:37 am @

Is all hobby income taxable?

Yes, hobby income is 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.”


Sorry, but the IRS does not give an exemption for income from a hobby.

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



Hope that helps!

Carol Topp, CPA

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