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Get your taxes done using TurboTax
The non-farm optional method is a lower tax on self-employed earnings as long as they are below $7,493 and less than 72.189% of your gross (non-farm) income.
So if you can take advantage of it you should. However, you can only do it for five years (the years don't have to be consecutive).
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March 13, 2025
11:23 AM