The Side Hustle Tax Trap: How the IRS Views Hobbies and Side Gigs for Tax Purposes

The IRS sees money that you earn from a hobby differently from money you earn from a business.

# The Side Hustle Tax Trap: How the IRS Views Hobbies and Side Gigs for Tax Purposes The IRS sees money that you earn from a hobby differently from money you earn from a business. **Read the full article:** [Money.com](https://money.com/side-hustle-tax-rules-hobby-income-irs/?xid=moneyrss) *This article was originally published by Money.com. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*