Category: Side Income
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Social Security disability recipients can earn up to $1,770 a month in 2027, or $2,950 if blind, before their work counts as substantial and benefits are at risk
Social Security disability beneficiaries can earn up to $1,770 a month in 2027, or $2,950 a month if they are blind, before the agency counts their work as substantial. The two amounts are the 2027 limits for substantial gainful activity, a term Social Security shortens to SGA, according to the agency’s 2027 cost-of-living fact sheet.…
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SSI ignores the first $2,500 a month of a working student’s pay once the 2027 rates start
Supplemental Security Income will set aside more of a working student’s pay in 2027. Social Security’s new figures put the student earned-income exclusion at $2,500 a month, up from $2,410 in 2026. A yearly ceiling of $10,080 sits on top of that monthly limit, so the two numbers work together. What is the SSI student…
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Third-party apps send a 1099-K only above $20,000 and 200 payments, but your side income is taxable either way
A household clears out a garage over the summer, lists a couple dozen things on a resale app and collects a few thousand dollars. January comes and no tax form arrives in the mail. The natural conclusion is that the amount was too small for the Internal Revenue Service to bother with, and that the…
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Renting Out a Room: The Tax Rules Nobody Mentions
Rent a room in your home and the IRS has rules for you, including one that makes short rentals tax-free. Here is how the 14-day rule and Schedule E work.
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Side Hustle Taxes: The Quarterly Payment Basics
Earning side income with no taxes withheld? Here’s how IRS quarterly estimated payments, the $1,000 rule, and the safe harbor actually work in 2026.
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When a Hobby Becomes a Business in the Eyes of the IRS
The IRS uses nine factors to decide if your side activity is a business or a hobby. The label decides whether your expenses are deductible at all.
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Selling Online? What the 1099-K Rules Say Now
The 2025 tax law restored the $20,000-and-200-transaction 1099-K threshold. What online sellers get in the mail now, and what they owe either way.