Should Adam report his freelance voiceover income on his federal tax return?

Adam should report all his income on his federal tax return, which includes his freelance voiceover income. The Internal Revenue Service (IRS) requires taxpayers to report all sources of income, regardless of the amount. This includes both self-employment income and income earned from side gigs, no matter how small or insignificant it may seem.

Even if Adam earned a modest amount from his freelance work, failing to report this income could lead to issues with the IRS. Additionally, reporting all income allows Adam to accurately calculate his total tax liability and report any eligible expenses associated with his freelance work, which could ultimately decrease his taxable income. It's important for all taxpayers to maintain transparency by including every source of income when filing their tax returns.