Money Monday: Reporting gig economy income on tax returns

Taxpayers in the U.S. are required to report gig economy income on their tax returns.

The IRS refers to the gig economy as the “on-demand, sharing or access economy,” and includes renting out a home or spare bedroom, or providing delivery services.

Watch the video above to learn more.

Resource:

• From the IRS: Taxpayers must report gig economy income on their tax return

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