Download:
pdf |
pdfProject: IRS.gov Phase 1
View Port - 1200 px
File
Gig Economy and Taxes Landing Concept — v3A
Container - 1170 px
Pay
Refunds
Credits & Deductions
Forms & Instructions
Home > File > Business and Self-Employed > Small Business and Self-Employed > Gig Economy and Taxes
Gig Economy and Taxes
English | Español
Individuals
International Taxpayers
Business and Self-Employed
Small Business and SelfEmployed
Employer ID Numbers
Business Taxes
Reporting Information
Returns
Self-Employed
Starting a Business
Operating a Business
Closing a Business
Industries/Professions
The gig economy (also known as the sharing economy) is activity where people earn income providing on-demand goods and
services. Often it’s through a digital platform like an app or website.
Gig economy activities include:
•
•
•
•
•
•
•
•
Driving your car for booked rides or deliveries
Renting your home, or part of it, on a short-term basis
Running errands or doing tasks
Selling goods online
Renting your equipment
Providing creative or professional services on assignment
Doing other temporary or short-term work
Providing digital platforms for gig activities
Gig Economy Income Is Taxable
You must file a tax return, even if the income is:
• Part time, temporary or side work
• Not reported in a form—like a 1099-MISC, 1099-K, W-2, or other income statement; or
• Paid in cash, property, or goods
Small Business Events
Online Learning
Large Business
Corporations
Government Entities
What To Do
Manage Taxes for Your Gig Work
Manage Taxes for a Platform or Business
Pay estimated taxes, figure out forms, claim credits,
prepare to file.
Classify workers, report payments, pay and file taxes.
Footer
Project: IRS.gov Phase 1
View Port - 1200 px
File
Gig Economy and Taxes Landing Concept — v3B
Container - 1170 px
Pay
Refunds
Credits & Deductions
Forms & Instructions
Home > File > Business and Self-Employed > Small Business and Self-Employed > Gig Economy and Taxes
Gig Economy and Taxes
English | Español
Individuals
International Taxpayers
Business and Self-Employed
Small Business and SelfEmployed
Employer ID Numbers
Business Taxes
Reporting Information
Returns
Self-Employed
Starting a Business
Operating a Business
Closing a Business
Industries/Professions
The gig economy (also known as the sharing economy) is activity where people earn income providing on-demand goods and
services. Often it’s through a digital platform like an app or website.
Gig economy activities include:
•
•
•
•
•
•
•
•
Driving your car for booked rides or deliveries
Renting your home, or part of it, on a short-term basis
Running errands or doing tasks
Selling goods online
Renting your equipment
Providing creative or professional services on assignment
Doing other temporary or short-term work
Providing digital platforms for gig activities
Gig Economy Income Is Taxable
You must file a tax return, even if the income is:
• Part time, temporary or side work
• Not reported in a form—like a 1099-MISC, 1099-K, W-2, or other income statement; or
• Paid in cash, property, or goods
Small Business Events
Online Learning
Large Business
Corporations
Government Entities
What To Do
Manage Taxes for Your Gig Work
Manage Taxes for a Platform or Business
Pay estimated taxes, figure out forms, claim credits,
prepare to file.
Classify workers, report payments, pay and file taxes.
Need Action Text
Need Action Text
Footer
File Type | application/pdf |
File Modified | 2019-07-01 |
File Created | 2019-07-01 |