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Get your taxes done using TurboTax
Employees are paid and issued W-2's and have taxes withheld
Self employed individuals are paid and given a 1099 Misc. There usually are no withholdings and you are required to file a schedule C if you are a sole proprietor. This income is also subject to self employment taxes (social security, etc.) in addition to income tax.
March 29, 2020
12:52 PM