[Aurel]

So, tonight I was preparing my tax return with Filesafe.com, and in the deductions section I stumble on this:

Hobby expense (To extent of income)
Safe deposit box
Uniforms and protective clothing
Work tools
Gambling losses (To extent of winnings)

And this got me thinking: my Porsche engine rebuilding seems to fall in the hobby expense category, right? So, could I deduct all my engine rebuilding costs? That would be sweet...Has anyone done any research about tax deductible hobby expenses?

Aurel