Doing small apps for hobbies etc. But work in a megacorp and earn 6 figures.
I wonder if some of you do a tax write off based on the side hustle?
As long as someone is paying you for the side hustle, it's a great idea to write-off computers, etc. You'll have to file a Schedule C, but you don't need to form an LLC or any other business entity. You can take a loss for at least 3 years before the IRS questions whether it's a business or a hobby.
PS, it's considered "business equipment" a Section 179 tax deduction