Free Tool

Am I a Hobby Seller, Investor, or Dealer?

The IRS uses 9 factors to classify you — and your classification changes your tax rate, deductions, and how losses work. Answer 9 quick questions based on IRC §183 to find out where you stand.

Educational Tool — Not Tax Advice This quiz is based on the IRS’s hobby-vs-business factors under IRC §183 and IRS guidance. It is for informational and educational purposes only and does not constitute legal, tax, or financial advice. The IRS evaluates all facts and circumstances — no quiz can substitute for professional guidance. Please consult a qualified CPA or tax attorney for advice specific to your situation.