Question

I am a stay at home mom and I am breeding my dogs this year. Should I show that income as hobby or self employed next year?

Forum|Forum|4 years ago
January 24, 2022
1 reply
0 views

This will be my first year breeding my dogs. I have set up a website, FB page and an Instagram account for my dogs.

TurboTax Online

A key feature of a business is that you do it to make a profit. Consider nine factors when determining whether an activity is a hobby. Make sure to base the determination on all the facts and circumstances.

For more information please check : Hobby or Business?

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N

Nwasher1 Author

What happens if I pick the wrong one between hobby and business? I just want to pick the right one and it’s so confusing. If I file it under business would I put the income under schedule C? If I put it under hobby income would I enter my net income?

V

Vanessa A

I’m definitely not a puppy mill or kennel. I only have two female dogs and they live in the house with us as part of our family. I would only have about 2 litters a year.

With two dogs, it would be a hobby.

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