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We are self employed should we file taxes every 3 months or onece a year at tax time ?
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We are self employed should we file taxes every 3 months or onece a year at tax time ?
If you are a sole proprietor, you should only file one1040 tax return to include a Schedule C (business income and expenses) per year.
However, you may need to file for quarterly estimated tax payments.
See A Guide to Paying Quarterly Taxes
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