In IR–2021–97, the Internal Revenue Service reminded gig economy workers that they will need to file tax returns by May 17, 2021.
The gig economy has grown rapidly in recent years. Millions of Americans drive cars for booked rides, deliver packages, rent real property, sell goods online, rent out equipment and provide creative or professional services. These individuals often are sought out by customers through a digital platform or website. The IRS has created a new Gig Economy Tax Center on IRS.gov to assist individuals in making appropriate payments for gig economy taxes.
IRS Commissioner Chuck Rettig stated, "The IRS developed this online center to help taxpayers in this...More