Hi everyone, I am quite stressed about this tax season, I have a casual job but on the side I have been tutoring 3 students in maths. I have made a little money off this and was wondering how do I declare this on my tax return.
I am unsure how to do it under PSI and none of the ATO websites have helped - I have put all of the payments from my students on the mydeductions part of the ATO app and tried to upload it but the app wouldn't let me
I am also unsure if I should/need to apply for an ABN in order to lodge my income for my tutoring side hustle
The money I make doesn't put me above the tax threshold so I wont be paying any tax.