Side Hustle & Gig Income

“I made money from a side gig on Venmo, am I supposed to pay taxes on it?”

CommonQuick Question · 30 min · $95

Money earned through a side gig on Venmo is often treated like taxable income, but the details can depend on how the payments were received, whether the activity was a hobby or a business, and what records were kept for expenses and fees. In many cases, the IRS looks at the underlying work, not just the payment app, so transfers tied to selling services or goods can matter even if the money moved through a personal account. The reporting picture can also vary based on whether any forms were issued and how the activity fits into the rest of a tax return. 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.
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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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