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If you received a message or saw a post regarding a "407" notification, it likely refers to the in Ontario, Canada.

: It helps taxpayers distinguish between a hobby and a business , which is critical for determining if you can deduct losses to offset other income. (407 KB)

: There are frequent reports of SMS scams where fraudulent texts claim you owe a toll for the 407 ETR. If you received a message or saw a

: It defines what counts as business income, including fees for professional services and rents received. (407 KB)