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If the company did not send you a W-2 you are self-employed.
In that case does this mean I will have to pay Social security and medicare taxes? If so does anyone know what forms I have to fill out? My first time as Self Employed.
schedule C. don't know what version of TT you're using - you may have to upgrade.
@salibi1 wrote:
In that case does this mean I will have to pay Social security and medicare taxes? If so does anyone know what forms I have to fill out? My first time as Self Employed.
You will have to pay self-employment tax, which is the Social Security and Medicare tax for self-employed people. When you enter your self-employment income in TurboTax it will fill out all the necessary forms. Schedule C is the primary form for reporting self-employment or business income. Schedule SE will calculate the self-employment tax.
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