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Guest
Dang, this post was intended specifically for this thread topic:
TAX TIME reminders-Private trainers, Side hustlers, Field squatters + Parents
5 days ago
Issue Number: Tax Tip 2023-42
All income is taxable, including gig economy
It’s important for taxpayers to file a federal tax return that has a complete and correct reporting of their income – which may mean including income from sources other than regular wages from an employer. Income from gig economy activities and tip income are two common sources of such income.
Gig economy earnings are taxable
The gig economy is an activity where people earn income providing on-demand work, services or goods, such as selling goods online, driving a car for deliveries, private training or renting out property. This income is often received through a digital platform like an app or website.
Taxpayers must report income earned from the gig economy on a tax return, even if the income is:- From part-time, temporary or side work.
- Paid in any form, including cash, property, goods or digital assets.
- Not reported on an information return form like a Form 1099-K, 1099-MISC, W-2 or other income statement.
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Guest
Originally posted by Guest View PostDang, this post was intended specifically for this thread topic:
TAX TIME reminders-Private trainers, Side hustlers, Field squatters + Parents
5 days ago
Issue Number: Tax Tip 2023-42
All income is taxable, including gig economy
It’s important for taxpayers to file a federal tax return that has a complete and correct reporting of their income – which may mean including income from sources other than regular wages from an employer. Income from gig economy activities and tip income are two common sources of such income.
Gig economy earnings are taxable
The gig economy is an activity where people earn income providing on-demand work, services or goods, such as selling goods online, driving a car for deliveries, private training or renting out property. This income is often received through a digital platform like an app or website.
Taxpayers must report income earned from the gig economy on a tax return, even if the income is:- From part-time, temporary or side work.
- Paid in any form, including cash, property, goods or digital assets.
- Not reported on an information return form like a Form 1099-K, 1099-MISC, W-2 or other income statement.
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Guest
Originally posted by Guest View Post
There are a few toxic Asian parents that I suspect post here as well, actually. (Or have in the past). And toxic crazy parents can be found anywhere, though this forum appears to cater to the suburban soccer mommy and daddy crowd, as well as to the occasional coach.
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Originally posted by Guest View PostJeez, this site has always been lame for the most part but the sad fux in this thread are exceptionally pathetic. What are y'all going to obsess about when your kids age out?
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Guest
Originally posted by Guest View Post
There are a few toxic Asian parents that I suspect post here as well, actually. (Or have in the past). And toxic crazy parents can be found anywhere, though this forum appears to cater to the suburban soccer mommy and daddy crowd, as well as to the occasional coach.
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