How to i file for sidework i did

[cynthia-lane-com]

i got paid to paint peoples houses

[HelenC12]

The IRS considers you self-employed with your own business.

Get started by entering your income from self-employment. We'll handle the rest, from creating the forms you need to reviewing work-related expenses that can help reduce your taxes.

Your taxes are handled differently than when you're an employee of a company. As a self-employed individual you:

• Will pay self-employment tax (because income tax, Social Security, and Medicare aren’t deducted from your pay)
• Will get a 1099-MISC, 1099-NEC, or 1099-K (unless you only accept cash or personal checks)
• File a Schedule C, Form 1040 (this is how you report business expense or loss of income)
• Can deduct money you spent on work-related expenses (like mileage, home office expenses, and mobile phone use)
• Can estimate the taxes that are due and make quarterly estimated tax payments during the year

Related Information:

• How does contract or freelance work affect my taxes?
• How does starting a business affect my taxes?
• Do I have to report hobby income?
• What is the self-employment tax?