How to Report your Side Hustle!

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  • Опубліковано 27 січ 2025

КОМЕНТАРІ • 12

  • @619caliman
    @619caliman 3 роки тому +3

    Good tax strategies.

  • @Veteran_Nerd
    @Veteran_Nerd 3 роки тому +2

    quality video. thank you, sir

  • @andiw7358
    @andiw7358 2 роки тому +1

    I wish I was listening to you at the beginning of the pandemic. I didn't request or receive any PPP money. I feel like I cheated myself.

  • @RobertoMartinez-qb4vi
    @RobertoMartinez-qb4vi Рік тому

    Question: in order to qualify for these taxe deductions, do we need to have an LLC?

  • @junkercars
    @junkercars 3 роки тому +3

    it feels criminal this not taught in school

  • @sonojah
    @sonojah 3 роки тому +6

    Never knew reporting side hustles was a thing kinda defeats the purpose lolz 😆🤣😂

  • @ivyrowe2114
    @ivyrowe2114 3 роки тому +1

    So if someone had a side hustle but didn’t report it on taxes when the pandemic hit? If someone had a ledger of what they brought in 2019 into 2020.....but it was not a registered with the state business?

    • @patrick553
      @patrick553 3 роки тому

      Yeah no. That's not how it works.

  • @bdewealth
    @bdewealth 3 роки тому

    I'm trying to learn crypto.

  • @pleasedtobehere
    @pleasedtobehere 3 роки тому +2

    What if I’ve lost money every year? Tiny eBay store and I spend more on goods than I sell. I enjoy it though.

    • @patrick553
      @patrick553 3 роки тому

      Deduct losses against W2