Side gig income can be a great way to boost cash flow, pay down debt or build savings. But as a gig worker, you may be unaware that the money you make is fully taxable, the same as a regular paycheck.
The problem is that unlike with income you earn from an employer, no taxes are automatically withheld. This means that unless you’re on top of things, you could be in for a nasty surprise at tax time, and that’s a situation you definitely want to avoid.
