Jackie, an up and coming artist, travels to exhibits on weekends all across the state. Jackie expects to claim a loss for her art business in 2023 and has claimed a loss the past 4 years. Jackie has a full-time job during the week as an insurance agent but no other income. Why might the IRS consider Jackie's art business a hobby?Explain

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The IRS might consider Jackies art business a hobby if it appears that she is not operating the art ... View the full answer