Side Hustle & Gig Income
“I made side hustle income on Venmo, do I owe federal or state taxes on it?”
Side hustle income received through Venmo is often treated the same as other business or self-employment income, so federal and state tax treatment can depend on how the money was earned, whether it was for goods or services, and whether the activity was occasional or part of an ongoing business. The reporting picture can also vary based on whether Venmo issued tax forms, how expenses were tracked, and which state you live or work in. For many people, the key questions are recordkeeping, business intent, and how the income fits with other earnings on the return. Sitting down with a CPA for thirty minutes is usually enough to draw a clean line on this.
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.
“As a freelancer in Alabama with a side hustle, what do I actually owe?”
“As a freelancer in Alaska with a side hustle, what do I actually owe?”
“As a freelancer in Arizona with a side hustle, what do I actually owe?”
“As a freelancer in Arkansas with a side hustle, what do I actually owe?”
“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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