A SAVVY American has revealed how his summer bustle made him hundreds of dollars in two hours.
With the holidays approaching, many people are looking for ways to earn some extra cash.
There are plenty of side activities that can earn you extra cash, but one TikToker shared a video of how it made him $300 in just two hours.
In its video, the TikToker said mowing lawns is “the best summer activity,” but lawns need care all year round.
The video, which was posted by an account known as peter_robe, then showed the six different properties with the lawns he collectively spent mowing for two hours.
The first lawn he mowed earned him $60, according to the TikTok video.
He noted that the first property was on the water.
The second lawn he mowed was on the property of his neighbor’s house, the TikToker said in the video.
Maintaining his neighbor’s lawn made him $40, the video showed.
In the video, he even took a moment to tell viewers that the first two lawns he worked on took him less than half an hour.
The third property he did lawn maintenance for earned him $50, the TikToker said in the video.
He also did lawn maintenance for a fourth property for $45.
The TikToker said the fourth lawn took him 15-25 minutes to complete.
He also did his fifth lawn maintenance job of the day for another property in his neighborhood for $45.
He then earned another $50 for the last and sixth property of his day.
After mowing the lawns of all six properties, he racked up an extra $290 and it didn’t even take longer than the average length of a movie.
Although he did not confirm how he got the jobs, another similar scammer created and then printed flyers to advertise his new business.
He then went to Home Depot and rented a lawn mower for four hours, which only cost him $22.
With his flyers and his mower, he went to a neighborhood knocking on doors to find customers.
The tax implications of a side hustle
Whether you’re working side-by-side in addition to a full-time job or performing several part-time gigs, your income is taxable.
Not only that, but you should report your income from a side hustle or self-employment differently than you would report standard income.
A Form 1040 is required for those with multiple sources of income, as you must list all of your income on one form.
Additionally, you will need to file a Schedule C and Form SE to file your self-employment taxes.
If you have multiple sources of income, talking to a tax professional can help you sort out what forms you need to submit and how to fill them out correctly.
Other side hustles
Two friends were able to reap six figures for themselves by simply cleaning the windows.
Johnny and Sergio run a YouTube page where they discuss the details of their California-based window cleaning service.
If you want to get into a side hustle, but aren’t sure which one would be best for you, this TikToker known as reselling…university is trying side hustle to help others figure out which ones are worth it the penalty.
The TikToker behind the Resell University account found gardening work to be easy money.