Business Income The New Sharing Economy and Your Taxes [Infographic] Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) 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. Add This Infographic to Your Site <a href=’http://blog-turbotax-intuit-com-develop.go-vip.co/2015/03/11/the-new-sharing-economy-and-your-taxes-infographic/’><img src=’http://images.blog.turbotax.intuit.com/swf/SideBusiness.jpg’ width=’500′></a><br/><a href=”></a> Previous Post Five Easy Tips for the New Side Business Owner Next Post 7 Tips When Starting a Side Business Written by Lisa Greene-Lewis 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 Follow Lisa Greene-Lewis on Twitter. Leave a ReplyCancel reply Browse Related Articles Tax News Intuit TurboTax April Report: A Look at Refunds and S… Tax Planning April 15 is the Tax Deadline: 6 Things You Need to Know… Tax Planning Unable to Pay Your Tax Bill? Here’s What To Do Tax Tips Tax Credits 101: What They Are & How They Work Business How to Know if You Should Invest in Business Insurance Tax Deductions and Credits What Is the Standard Tax Deduction for 2023 – 202… 401K, IRA, Stocks Should You Use Your 401(k) or Retirement to Pay Off Deb… Tax Planning What Happens If You Don’t Pay Taxes? Understanding Pe… Tax Deductions and Credits Family Taxes: Take Advantage of Tax Savings Taxes 101 How Much Do You Have to Make to File Taxes? Demystifyin…