If you purchase a home that will be your personal residence, there is nothing you have to do except add your mortgage interest (1098 Mort statement) and property taxes paid to your Deductions and Credits. This will help you see if maybe you can Itemized instead of using the Standard deduction.
https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/tax-deduction-wisdom-should-you-item...
As far as doing contract work, you should have received a 1099 NEC. If you are a sole proprietorship, you will want to add that income and expenses to Self employment income (found in Wages and Income) .
Here are my favorite Self employments links. Please read them over to learn more.
Self employment tax Talks about social security and Medicare taxes
Self employment tax hub with calculator Helps to answer questions and figure out if you need to pay estimated taxes
Self Employment income and expenses Talks about income and expenses.
If you have any questions while doing your taxes, click the LIVE HELP.
I sure hope this has helped.
If you reply back, I will try to keep an eye open to assist further.
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Katie S.
Katherine S 63
