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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.
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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.
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| File Type | application/pdf |
| File Modified | 2019-07-01 |
| File Created | 2019-07-01 |