Side Hustle & Gig Income
“Do I owe federal or state taxes on side hustle money I made on Venmo?”
Money received through Venmo can have different tax treatment depending on what the payments were for, whether the activity was a hobby or an ongoing side business, and how the amounts were reported on your tax forms. In many cases, federal and state tax questions also turn on whether the income is tied to services, goods, reimbursements, or personal transfers, since those can be treated differently. Recordkeeping matters too, because the payment history, any related expenses, and your state filing rules often shape how the income is reported and whether any tax is due. A targeted review with a CPA can turn the uncertainty into a clear next step.
In your 30-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“Do I owe taxes on side hustle income I got through Venmo?”
“I got about $5,000 on Venmo from my side gig, do I need to pay taxes on it?”
“I made money from my side hustle on Venmo, is that taxable?”
“Do I have to report Venmo payments from my side hustle on my taxes?”
“What can I deduct from my Fiverr side hustle, and what do I owe in taxes?”
“What tax deductions apply to my Fiverr side hustle, and how much do I owe?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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