turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

When I need to fill taxes?

I'm concerning when I need to fill taxes for Turo (Car rental) and Airbnb (Houses rental)? Is every certain time or just annually?

 

If I do fix and flip or wholesale houses when I need to fill taxes in this case? 

 

I have an ecommerce business I'm guessing only I have to report taxes annually and is just the gain of the sale or Total sale? 

 

What things I can deduct for a ecommerce business? 

 

 

 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
TeriH
Employee Tax Expert

When I need to fill taxes?

You sound very busy!

The U.S. has a pay-as-you-go system, so you'll need to pay taxes from your side hustle on a quarterly basis. The first quarterly tax deadline for 2023 is April 18. The IRS has a great guide for all you need to know about filing taxes for your gig work, including a calculator to estimate what you will owe in taxes.

If you earn money for gig work as an independent contractor, you may have to pay quarterly estimated taxes. You can avoid a penalty by paying enough tax on time

https://www.irs.gov/pub/irs-pdf/p334.pdf

You pay tax on the net of income and expenses for the business.  

 

Best wishes,
teri

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies