Scrutiny on part of the irs


Problem:

I'm curious as to what happens if an individual has two or more hobby-activities that an individual treats as a business. If two or more activities were to incur losses for a year or more, and for the sake of argument-- simultaneously (as even hobby activities may be affected by recessionary downturns); do such losses from two or more activities produce further scrutiny on part of the IRS?

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Accounting Basics: Scrutiny on part of the irs
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