BobKamman
Level 15
11-16-2020
08:31 PM
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That's not a Schedule E activity. She's not engaging in the activity for profit. Well, maybe, if she signs an "Affidavit of Sugar Daddy Relationship." What he pays her goes on the line for other income. Used to be, the expenses could be deducted on Schedule A, miscellaneous subject to 2%, but that's gone and doesn't come back for a few years (unless).