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I earned approximately $4000.00 as an independent contractor, and I need to report this, as I did not pay any federal income taxes. How do I do this with Turbo Tax?

 
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DexterS
New Member

I earned approximately $4000.00 as an independent contractor, and I need to report this, as I did not pay any federal income taxes. How do I do this with Turbo Tax?

As an Independent Contractor you will have to use TurboTax Self-employed.

It will guide you through not only reporting your income but will help you gather any expenses you may have incurred while earning that income.

It's important that you not miss any deductions because your net profit is subject to income tax and Self-employment Tax (Medicare and Social Security)

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1 Reply
DexterS
New Member

I earned approximately $4000.00 as an independent contractor, and I need to report this, as I did not pay any federal income taxes. How do I do this with Turbo Tax?

As an Independent Contractor you will have to use TurboTax Self-employed.

It will guide you through not only reporting your income but will help you gather any expenses you may have incurred while earning that income.

It's important that you not miss any deductions because your net profit is subject to income tax and Self-employment Tax (Medicare and Social Security)

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