Side Hustle & Gig Income
“I got a 1099-K from Venmo but it was mostly friends paying me back, now what?”
A 1099-K from Venmo can create confusion when personal reimbursements and genuine side hustle receipts are mixed together. The practical answer often depends on how the payments were labeled, whether they were for goods or services, and whether your records can separate friend repayments from business income. In many cases, the main issue is matching the form against bank and app activity so only taxable amounts are reflected. Documentation, transaction notes, and the nature of each transfer often matter more than the form itself when the amounts include both personal and business activity. A focused session can map this against your actual situation in plain English.
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.
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.
Back to the full library