Business Income

The New Sharing Economy and Your Taxes [Infographic]

Written by TurboTaxLisa
Published Mar 11, 2015 - [Updated Jul 8, 2020]
1 min read

Whether renting a room, car, or driveway, shared economies are on the rise, allowing people another way to make money. With shared economies comes questions about how this new found income will be taxed. Check out our sharing economy infographic to find out tax implications and tips if you own this new side business.

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Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from Lisa Greene-Lewis