side gig
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IRS tax tip: Tax tips for gig economy entrepreneurs and workers
IRS Tax Tip 2023-05, January 12, 2023 In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig. Read on www.irs.gov/newsroom/tax-tips-for-gig-economy-entrepreneurs-and-workers
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IRS Tax Tip: Here are some things gig economy workers should know about their tax responsibilities
Many people take up gig work on a part-time or full-time basis, often through a digital platform like an app or website. Gig work, such as selling goods online, renting out property, or providing other on-demand work, is taxable and must be reported as income on the worker’s tax return. Here are some things gig…