Drake Tax - 1040 - Hobby Expenses

The Tax Cuts and Jobs Act implementations beginning tax year 2018 disallow expenses incurred by hobbies. Income must still be reported. Per the Schedule C instructions, "...a sporadic activity or a hobby does not qualify as a business. To report income from a non-business activity, see the instructions for Schedule 1 (Form 1040), line 8, or Form 1040-NR, line 21."

Additional resources:

• Tax Reform Provisions that Affect Businesses

• Tax Reform Provisions that Affect Individuals

• Publication 535

• About Schedule A