BillM223
Expert Alumni

Get your taxes done using TurboTax

There is no difference. A contractor and a freelancer are both considered to be "self-employed".

 

Generally for non-employee compensation, the contractor/freelancer will receive a 1099-NEC (new form as of 2020). Both will file a Schedule C as part of their 1040 tax return.

 

The TurboTax products Self-Employed for Online and Home & Business for CD/download are best suited for this because they both let you list as many expenses as warranted.

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