i am a freelance graphic designer, i want to know if the following qualify for my business expenses
1. Playstation 3 Gaming System and games
2. Timewarner Cable triple play subscription
3. iPad
4. Netflix subscription

Hi,
I have a business that well almost always comes out to even, or I end up being negative.
The reason for this is because I always try new things, and well honestly I guess my business is kind of can be considered a hobby because I never make any money.
Anyway, this past year. One of the crazy things I did was buy a truck load of inventory that of course I was not able to sell later. I can easily show that I purchased like um 6k in inventory, and I can also show about 3k in general business cost. However I only brought in like 3k of sales this year. So anyway, what I am wondering is like this year I made about 60k at my regular job, and was taxed at a 25% rate, not including state tax and all the rest. What I need to know is, like when I am negative on my business can that loss flow over as a deduction to the employment part of my taxes so I can get more money back?
Sorry for the confusing story, and insight would be appreciated. In layman’s terms please
Well actually it’s not a hobby I am a freelance graphic designer. Sometimes I love it sometimes I hate it. But I keep working, but I am the type of person that just keeps investing in my business, and well in the end of the year it ends up being a wash. So I was just hoping that the irs doesnt consider it a hobby.