The IRS has a 9-factor test to decide whether your reselling is a business (expenses deductible, Schedule C) or a hobby (pay tax on gross, deduct nothing). This 2-minute quiz walks you through the key factors and gives you a plain-English answer.
Enter your email and we'll send you a plain-English breakdown of what your answers mean, plus a free guide on tracking taxes as a reseller.
This quiz is for general educational purposes and does not constitute tax advice. IRS classification depends on your specific facts and circumstances. Consult a CPA or enrolled agent before making tax decisions.