Asian Spectator

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You can't hide side hustles from the IRS anymore – here's what taxpayers need to know about reporting online payments for gig work

  • Written by Erica Neuman, Assistant Professor of Accounting, University of Dayton
You can't hide side hustles from the IRS anymore – here's what taxpayers need to know about reporting online payments for gig workDog-walking income is taxable.Robert Nickelsberg/Getty Images

Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.

New rules are going to make sure the Internal...

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