hobby, buisness, taxes

[sumo67]

im retired military, currently living in mexico. i am moving back to the states. some relitives and friends have stated they want me to shoot some photos for them. i am thinking this might be nice for a little extra money to buy new camera equiptment..

should i just turn this into a small buisness so i can get some tax breaks?? at what time do you go from hobby to buisness?? is there a dollar amount?? what can you wright off??

[SusanH1970]

I'd suggest speaking with an accountant. He can put you in the right direction regarding taxes, etc. (this information varies from state to state). You'll also need a business license.

[GadgetRick]

Originally Posted by SusanH1970

You'll also need a business license.

Depends on the state. No license required in NJ.