Raenie
New Member

How should I file if I have side gigs?

I had an extension because I had 3 side gigs and don’t know how best to file my returns? Does it change if I only have one irregular gig this year?

KochuK
Employee Tax Expert

Get your taxes done using TurboTax

Hi Raenie, Thanks for the questions.

 

Glad that you are on extension to file your tax year 2021 tax return(s).

 

3 side gigs - if the revenue streams are similar, for example, driving for Uber and Lyft and received Form 1099-NECs respectively, you would only need one Schedule C Profit or Loss from Business. If the nature of gigs are very different, for example, selling on Amazon and consulting, you would need two different Schedule C, etc. 

 

1 irregular gig for tax year 2022 - you would need to report Gross receipt/sales and related business expenses in Schedule C too.

 

Schedule C with income and expenses are offered via TurboTax Online self employed version.

Schedule C with income only, no expenses, can be accomplished by TurboTax Online Deluxe version.

 

Hope the above helps.

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