turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I was self employed at the start of 2023. I grossed 13,525 with 4,100 in expenses. Now I am employed by a company. Do I have to pay taxes on the self-employed income?

I expect to have made atleast $5000 from my employed job by the end of the year.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I was self employed at the start of 2023. I grossed 13,525 with 4,100 in expenses. Now I am employed by a company. Do I have to pay taxes on the self-employed income?

Yes.  You must report all your income on your tax return.   You fill out Schedule C for self employment and pay SE tax on it in addition to the regular income tax on all your income.  You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Premium or Self Employed version or use any of the Desktop CD/Download programs. All the Desktop programs have the same forms, so you can buy a lower version.  You just get more help and guidance in the higher versions.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies