- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
The person telling you everything is a "write off" may be exaggerating somewhat. Did he also mention to you that you will be paying self-employment tax for Social Security and Medicare, since it is not being withheld from your pay? And that he is not withholding any federal or state tax--so you have to pay it all?
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax
HOW/WHERE TO ENTER A 1099Misc
https://ttlc.intuit.com/questions/2893392-where-do-i-enter-a-1099-misc
https://ttlc.intuit.com/questions/2903027-how-do-i-report-income-from-self-employment
https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct
https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c
https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs