I'm a couier for blood and pathology samples, and my boss just pays me by venmo
He does not take out taxes or any thing (like when i started he called it under the table). How is this going to effect my taxes?
01246
1 Replies
Bsch4477
Level 15
Aug 31, 2022 3:41:18 PM
Report income as self employed. You will pay 15.3% in self employment tax in addition to your regular income tax marginal tax rate. Against that income you can deduct any associated expenses. Keep good records. Report on Sch C.