I have started an online teaching coaching business while working a full-time job (hoping to fully transition to my online full-time).
?? Am I considered self-employed?
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Hi Connie -
Since you are also employed through an employer, you would be considered employed with self-employed income as a side business, or gig.
Generally, you are self-employed if any of the following apply to you.
Great question Connie - f you are a member of an LLC or partner, then that is technically self-employed income, as you are an active participant which would make it ordinary income subject to self-employment taxes. A partner cannot be an employee of an LLC they are a partner in, so you would be considered self-employed.
Hi Connie -
Since you are also employed through an employer, you would be considered employed with self-employed income as a side business, or gig.
Generally, you are self-employed if any of the following apply to you.
Thank You @kdevere
I have incorporated into an LLC (state of Louisiana), where I am the majority member and my husband is the other member.
?? From the second bullet mentioned - being a member of my LLC (partnership) >> am I self-employed and employed by my full-time company?
?? is that possible?
I appreciate your time and sharing your expertise.
Wishing you a splendiferous day!
Great question Connie - f you are a member of an LLC or partner, then that is technically self-employed income, as you are an active participant which would make it ordinary income subject to self-employment taxes. A partner cannot be an employee of an LLC they are a partner in, so you would be considered self-employed.
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