Question by Christian: Street Preforming/Busking and taxes?
Does anyone know if a citizen of the U.S. in Texas would have to pay taxes on anything earned from that day? Cause they are considered “tips”, so would I have to include any profits I make, and where would I include that. I am working part time at a normal job and I am 18.
Best answer:
Answer by Quick Answers
Yes, it’s 100% taxable as self-employment income. Report it on 1040 schedule C-EZ.
Your age, your being a student and these being “tips” do not change anything.
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Street Preforming/Busking and taxes?
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