Self Employed Group | Intuit TurboTax Community

Self employed

I occasionally sell options for premium (aka short options). As option seller I receive premium or credit at beginning of the trade (sell to open). The question... If i short sell an option contract in December 2024 for premium but don't close the tr... read more

Is TurboTax right for me?

My accountant just announced he’s retiring and I’m interested in filing my own 2024 federal and Georgia state returns using online resources but I’m in an atypical situation:- I’m self-employed with a combination of 1099 income, cash receipts, nomina... read more

Question about W-9: Employer's online form only let's me input my SSN, and not my EIN

One of my employers is changing their payments systems to Tipalti and they are requesting a W-9 from me. Unfortunately, their system for their online W-9 form doesn't accept my EIN number, but I've always filled it out that way. They are telling to j... read more

I need help with 2022, 2023 single member LLC taxes for the state of Kansas, should I hire a tax preparer?

solo 401k contributions and withdrawals

I am over 59.5 and I want to use my solo 401k to shift income from a high-tax (high-income) year to a low-tax year. I wonder if there are any limits on the timing of contributions and distributions that would prevent this. Specifically, I want to con... read more

Full time employee and Doordash Driver

I have started Doordash in November 17,2024. I have a spreadsheet that tracks my milage and expenses. How do I go about paying taxes for my full-time job and my Doordash income?

Self employed and ira contribution

I am married filing jointly and my husband maxed out his IRA contribution from his employer this year. I am self employed. Can I also make the max $8,000 contribution to my IRA this year as well?

I Didn't Know Anything About Quarterly Taxes For Self Employment

I have a side gig but had no idea about paying quarterly on the income, I thought it was all when I filed my taxes. I have no idea about how to do this, how much, etc.

The program is asking me about medical payments while self employed. I'm not self employed. How do I make the system know this or delete it?

Can I deduct my cost for an employee payroll from my 1099 self employed position?

I am starting a sole proprietorship in Connecticut. I will be selling writing/editorial services to out-of-state clients only. Do I charge sales taxes to these clients?

how do I create and submit a 1099-nec for someone I paid

To see if I can deduct futures day trading account fees from my taxes this year as I received a 1099 nec?

PA 40 2023 tax return resident

I I don't have a 1099 form, must I file the miscellaneous compensation form federal form1099MISC, 1099K, 1099NEC, and other statements, page 2 with my return

Business income vs Hobby income vs Misc/other income. Also Amazon Vine Program.

Is there a "benefit" to counting something as Hobby or misc/other income vs business income? Or are these simply different categories to list different sources of income?From what I understand, any income that you make needs to be reported to the IRS... read more