Report All Income

Taxpayers must report all forms of potentially taxable income. In addition to wages or a salary that you receive as an employee, make sure to accurately report any income you had from:

• Business activities, including selling goods online, independent contract work, side gigs or other forms of self-employment.
• Interest, dividends, gains from digital assets (cryptocurrency, non-fungible tokens, stablecoins) transactions or other investment returns.
• Seasonal or other temporary or part-time work
• Prizes, awards, bonuses, or gambling winnings

Your tax preparer can help you understand how all the different incomes affect your tax liability.