tag:blogger.com,1999:blog-10238581.post117052062462168922..comments2023-10-07T08:52:16.715-07:00Comments on The Virtual World: Peterhttp://www.blogger.com/profile/11435013887780629734noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-10238581.post-1170555415356220352007-02-03T18:16:00.000-08:002007-02-03T18:16:00.000-08:00Hi Guys: Oh yes. I've been claiming all that stuff...Hi Guys: Oh yes. I've been claiming all that stuff for several years now. <BR/>It's just interesting to read what the definition of "hobby" is according to the IRS. How it is all about the money. <BR/><BR/>"Hobby Loss: Loss from a hobby or other activity you do not pursue for profit. You cannot claim expenses from a hobby that exceed the amount of your income that you report. If you fail to showPeterhttps://www.blogger.com/profile/11435013887780629734noreply@blogger.comtag:blogger.com,1999:blog-10238581.post-1170536881125486112007-02-03T13:08:00.000-08:002007-02-03T13:08:00.000-08:00I'm with C. Dale. I claim writing as my profession...I'm with C. Dale. I claim writing as my profession and deduct everything related to it concerning both my day job and poetry. I'm even getting to write off part of the trip to the UK last fall since I went over for the publication of the anthology I edited.Collin Kelleyhttps://www.blogger.com/profile/03777180960376039699noreply@blogger.comtag:blogger.com,1999:blog-10238581.post-1170528428842619842007-02-03T10:47:00.000-08:002007-02-03T10:47:00.000-08:00I just did the first run of my taxes today, too! ...I just did the first run of my taxes today, too! I have claimed poetry as a profession and filed a schedule C for it for the past 4 years. Why? You get to deduct travel costs for readings, lodging for readings, conferences, etc. You get to deduct Poets and Writers as a trade journal, your registration fee for AWP, the cost of postage, the cost of paper and laser printer cartridges, etc. You C. Dalehttps://www.blogger.com/profile/17270640200393742125noreply@blogger.com