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2 5 . ) Assume that JIll is engaged in painting as a hobby. During the current year, she earns $ 1 0 0 0
Assume that JIll is engaged in painting as a hobby. During the current year, she earns $ from sales of her paintings and incurs $ expenses for supplies and lessons. Jills salary from her job is $ What is the tax treatment of the hobby income and expenses?
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