If you report the income from any honey, wax or bee sales (which you should by law)
The question is if the sales of honey, wax, or bees can legally be classified as 'income' or not. If it actually is income, then yes, it needs reported. If the sales are not income, then it is unwise to call it income just so you can pay a tax on receipts that would otherwise be untaxable.
When you start selling stuff, its income.
That is a legal determination. Are you licensed to practice law?
The Supreme Court ruled that 'all that comes in is not income' which shoots your argument that sales are income.
Use a professional accountant to help you prepare your tax returns.
I have a better idea. Learn the actual law, and to what and whom it applies to. An accountant just knows how to fill out forms - they don't know how to determine if a receipt is income or not. If you don't know whether or not a receipt is income, then odds are, you will erroneously call it income, and end up paying more than the law requires.
Add anything else you think is relevant to the thread.
I went into winter with 42 colonies, ended up with almost 5000 pounds of honey, and didn't have a single dollar of income from my beekeeping endeavors. No need for deductions when I have no tax liability.
I know here in Virginia you can do away with sales taxes if you only use the equipment for agricultural purposes only.
Beekeeping is a form of agriculture known as apiculture.