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Side Hustles: Beware of the Miscellaneous Income Tax

65.00 £
Published date: 2025/09/10
  • Location: 3966, Town of Newark, Iowa, United States
When you start a side hustle—whether it’s freelance graphic design, selling handmade crafts on Etsy, or renting out a spare room on Airbnb—you’re stepping into the realm of self‑employment. At first glance, it may seem like you’re simply earning extra cash, 確定申告 節税方法 問い合わせ but the tax implications can be more complicated than you might expect. Moreover, the IRS may treat your side‑hustle earnings as miscellaneous income, influencing your filing process and tax liability. Knowing why this occurs—and how to prevent it—can spare you money and frustration.
Defining Miscellaneous Income
Miscellaneous income denotes a broad IRS category for earnings that don’t align neatly with other classifications. Typically, it includes:
- Payments to independent contractors on a 1099‑NEC (previously 1099‑MISC) and below $600.

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