topic Re: Difference between self-employed and home-based business? in Self employed

Difference between self-employed and home-based business?

kmmspicer48 — Wed, 27 Oct 2021 16:25:50 GMT

What is difference between self-employed and home-based business, or is there a difference?

Anonymous_ — Wed, 27 Oct 2021 16:29:40 GMT

@kmmspicer48 wrote:

What is difference between self-employed and home-based business, or is there a difference?

There really is no difference. You can work exclusively from home and still be considered "self-employed".

NateTheGrEAt — Wed, 27 Oct 2021 16:30:34 GMT

Hi kmmspicer48,

Any type of business that you engage in for profit is considered self-employed for IRS tax purposes.

A home-based business could be one example of being self-employed. A business that you operate outside your home would be another example.

If you have other specific questions, please ask!

I hope this information is helpful.