Yes, the IRS requires that you file as self-employed. Sole proprietor, independent contractor, consultant and freelancer are all terms used to describe self-employed workers. Whether you do it full-time or very part-time—if you’re an independent worker like a designer, ride-share driver (Uber), tutor, or babysitter—you’re self-employed.
You may not think of yourself as running a business, but Per the IRS, you’re considered self-employed if you engage in business-like activities.
Three key factors that generally define an activity as a business:
Situations where you wouldn't be considered self-employed:
When you’re self-employed, you’re likely to receive a 1099-MISC or a 1099-K. Even if you don’t receive these forms, you still need to report all your income from self-employment.
Additionally, you do have to pay for your return prior to printing it for review.
Yes, the IRS requires that you file as self-employed. Sole proprietor, independent contractor, consultant and freelancer are all terms used to describe self-employed workers. Whether you do it full-time or very part-time—if you’re an independent worker like a designer, ride-share driver (Uber), tutor, or babysitter—you’re self-employed.
You may not think of yourself as running a business, but Per the IRS, you’re considered self-employed if you engage in business-like activities.
Three key factors that generally define an activity as a business:
Situations where you wouldn't be considered self-employed:
When you’re self-employed, you’re likely to receive a 1099-MISC or a 1099-K. Even if you don’t receive these forms, you still need to report all your income from self-employment.
Additionally, you do have to pay for your return prior to printing it for review.