Side Hustle & Gig Income
“I used PayPal for my side gig income, am I supposed to pay taxes on it?”
PayPal side gig income is often part of the tax picture, but the answer usually depends on what the payments were for, whether the activity was a hobby or a business, and how the records were kept. In many cases, payment apps can create reporting forms or transaction summaries that help match income to a tax return, even when the money came through a personal account. The treatment can also vary based on expenses tied to the work, any other income you have, and whether the activity is ongoing or occasional. A short conversation with a CPA can sort out what applies to your specific numbers.
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.
“I got about $20,000 from my side hustle in PayPal, is that taxable?”
“Do I have to pay taxes on money I made on PayPal from my side gig?”
“My side hustle income went through PayPal, do I owe tax on it?”
“I made side hustle money on PayPal, do I need to report it 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.
Back to the full library