Money Monday: Reporting gig economy income on tax returns

Money Monday: Gig economy

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.


More: Money Monday section

About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.