Ms1593
New Member

Starting side business-paid through Venmo

Hi! I'm starting a copy writing side hustle that is currently projected to make about $1000 by the end of the year at a minimum. Right now, I'm paid through Venmo and have not yet established a legal business entity.

 

  • At what point do I need to establish the business with the state and federal government?
  • Do payment apps have an impact on my taxes?
  • What qualifies me to receive a 1099-K form?