If yove ever used–or provided services for– Uber, Lyft, Airbnb, Etsy, Rover or TaskRabbit, then yore a member of the sharing economy; and it could affect your taxes. But, there is good news: if yove only used these services (not provided them), then thers no need to worry about the tax implications.
However, if yove rented out a spare room in your house – through a company like Airbnb, then you need to be aware of the tax consequences. You may not realize that the extra income yore making could impact your taxable income–especially if you have a full-time job with an employer.