Hi all,

Not sure I see the relevance of the discussion regarding the IRS as far as Hallicrafters radios. Unless you are cheating on your taxes, I don't see how additional IRS agents is likely to affect the majority of honest people. Unless ham radio is a business and you are actually making a profit on sales, then perhaps you should treat it as a business and report the income (and expenses on a Schedule C form). This allows you to deduct 'business' related expenses such as the acquisition costs, supplies, and other expenses. I would venture that most of us spend more on our "hobby business" than we make as income. I know that I spend much more on my hobby than anything I might get by selling the occasional restored radio. Yes it is a nuisance to treat your hobby as a business (if you are selling items), but it is nice to be able to offset that income with acquisition costs, test equipment, supplies (wire, solder, caps, resistors, tubes, mileage, hamfest admissions, etc).

On the other hand, we are all subsidizing those that don't pay their fair share of taxes.

"The IRS is woefully understaffed and will miss about $600 billion in uncollected taxes this year as it grapples with technology built before humans landed on the moon, according to Deputy Treasury Department Secretary Wally Adeyemo."

On 9/22/2022 9:28 AM, Larry Steeno wrote: