Hi KBoy116,
TurboTax would automatically calculate the self employed taxes. Look at your prior year tax return, the self employed taxes would be reported on yo...
Hi,
Great questions!
Making your business a S-Corp will NOT keep your taxes separate. A S-Corp files their own tax return, but does not pay taxes. The S-Corp ...
Hi agtt5,
Thank you for your questions today. Congratulations on your successful business!
When you have an independent contractor do work for you, you will w...
Hi bethlauren04,
Thank you for your questions today.
I understand that in previous years you filed a Schedule C for your self-employed business. Now in 2023 y...
Hi justarabbitfortaxes!
Thank you for your questions. When you receive the Form 1099-NEC, you are classified by the IRS as an independent contractor, and are t...
