Please consult a tax professional about this subject. I am not a Tax professional or a financial advisor or financial professional but I think many people will be surprised by this: The IRS just gave everyone a one year reprieve on the $600 Gig Tax Rule but it means that people will still need to keep their records for 2022 tax year (Even if they do not have a side hustle or business) if they used payment companies like ebay, etsy, paypal, venmo, zelle, airbnb and more. I talk about the new 1099 rules. If you want to learn how to make more money on the side or how to start a business from nothing then here is a link to my course on how to start a side hustle and to get 50% off use code HALFOFF: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbldCMmpoaTJCcW1OdjJFcmlpbnduSkU1cDNFZ3xBQ3Jtc0tuaS1tRTRvUnhvU2YtVjJWUnNmbUVmaVpXM3VaY2szUGloRWQtWkZvbHhnc19FMXQ0cGN1dWQ1VkUxeXBPeFFLR2pZblByempOMWh2eGZKSFdTX1RjRGRWUzBSVWNid3B5RFF1c2ZwNmZicW9tbW8xYw&q=https%3A%2F%2Fhow-to-start-a-side-hustle.teachable.com%2Fpurchase%3Fproduct_id%3D4215972&v=paR78dqYYVk
If you would like an 80% discount to my Real Estate Crash Course then use the coupon code EARLYBIRD with this link before I am finished filming the course: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbllGeGFtTUwtVWtFYkdrOHVPTVdaTFE3SHhyUXxBQ3Jtc0ttMVdxaGxkb3hVYlF0SlBGbDFOaGd5LTVnbWwyVWxOa3M1N2phdE5KZ21feGVCNkZoLV81ZDZSejBOWkt3UU1xZF91RTk1eXdyUDRyS1hlM3J6MkU0cjVnSGpHWVZVRTVTLS1NMGFMeWw3RTY2TkJpYw&q=https%3A%2F%2Feconomic-ninja-learning.teachable.com%2Fpurchase%3Fproduct_id%3D4498851&v=paR78dqYYVk