Apr 23, 2022
1 mins read
The Tax Foundation
Combing through the chaos: With increased social spending through the tax code exacerbating this year's tax filing process, many including the IRS are ready to put this tax season behind them.
It ain't over ’til it’s over: The 2022 tax filing deadline for most taxpayers was this past Monday, April 18th. But for those who make estimated federal tax payments, including gig economy workers, this week was just one of many tax deadlines.
34 percent of gig workers did not know that they may be required to make quarterly estimated payments to the IRS, according to one recent survey.
Don't give up the gig: From ridesharing to rental properties, the rise of gig economy work has reduced barriers to self-employment, but has also led to discussions about whether existing tax rules can accommodate this activity, and whether gig workers are well-equipped to comply with their tax obligations.