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Title: Diane, a successful accountant with an annual income of $150,000, also enjoys raising and training ... Post by: Sheena Maskell on Jan 9, 2017 Diane, a successful accountant with an annual income of $150,000, also enjoys raising and training race horses, an activity in which she spends about 10 hours per week. Over the past five years her winnings from races have amounted to $20,000. She employs neighborhood children to feed the horses but has a professional trainer who works with the horses about 5 hours per week. What are some of the factors that might enter into the determination of whether or not this activity is a hobby or a trade/business?
Title: Re: Diane, a successful accountant with an annual income of $150,000, also enjoys raising and ... Post by: MsLippy on Jan 9, 2017 Content hidden
Title: Re: Diane, a successful accountant with an annual income of $150,000, also enjoys raising and training ... Post by: Sheena Maskell on Mar 20, 2017 Thank you so much
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