Did you know TurboTax can help you report that Entrepreneurship in retirement as a side-job is possible?
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1 Replies
xmasbaby0
Level 15
Feb 20, 2025 7:20:23 AM
If you are retired but have some self-employment income, you will need online Premium software or any version of the desktop download in order to prepare a Schedule C for your business expenses. All of that income goes on the same tax return.
You will pay self-employment tax for Social Security and Medicare.