Sharing Economy IRS Tax Center

Sharing Economy

If you use one of the many online platforms available to rent a spare bedroom, provide car rides, or to connect and provide a number of other goods or services, you’re involved in what is sometimes called the sharing economy.

The IRS encourages taxpayers participating in the sharing economy to understand the potential tax issues affecting them.

The tax center provides info on filing requirements, tax payments, deductions and more…..

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