Hi all,
I recently finished the Masterclasses from Alex & Rahul where Alex & Rahul discussed building apps as side projects to put on resumes. Also in , Alex mentioned he monetized his app & got $100 from premium users.
AFAIK, anything above $400 must be put onto tax return. I'm thinking about developing a small side projects & put maybe ads / premium restrictions on some features. If I do this, how do I avoid conflicts of interest with my 9-5 job, especially if the revenue coming in may way surpass $400? I'm working for a large tech company that essentially do everything hence it's hard to find a business area where the company isn't involved in.