ilmscore | IRS demand for taxes on unreported side hustle income without expense proof Predictions
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IRS demand for taxes on unreported side hustle income without expense proof

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If an individual receives an IRS notice for unreported side hustle income and cannot provide proof of expenses, the IRS will likely demand taxes on the entire reported gross amount, not just the profit.
"Now, if you don't report it, then you're setting yourself up for an IRS notice, and the IRS is going..."
ClearValue Tax ClearValue Tax
Jan 5, 2026
Correct
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