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U.S. IRS Issues Guidance on Reporting Gig Economy Income

|Approved Changes|United States
United States

The U.S. IRS has issued guidance on the requirement to report gig economy income in individual income tax returns.

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Taxpayers must report gig economy income on their tax return

COVID Tax Tip 2021-21, February 18, 2021

In 2020, many people joined the gig economy to help make ends meet during the pandemic. Whether it's a side business or a primary source of income, all taxpayers need to u…

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