Employee Tax Expert
Member profile
Hello Community!! I'm an Enrolled Agent with 17 years tax experience. I have enjoyed working at Intuit for the past 4 years. When I'm not doing taxes, I enjoy kayaking, hiking, and spending time with my family and dogs! I think our community members are the best, and have seen so many beneficial discussions.
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Hello @Gcalexander! Thank you for the question. You will report the income/expenses on your tax return in the self employment section. However, if your withhold...
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@Mdeleon2010, as long as you are entering your income and expense in the Self Employed section of TurboTax, any Self Employment tax due will be added to your ta...
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Hello @Mdeleon2010! If you have a business or received 1099-NEC income, self-employment taxes of 15.3% of your profit (income – expenses) will be added to your ...
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@Derionnaa,You are right about this not being easy! Yes, there are tax brackets that can help you determine your income tax rate:https://turbotax.intuit.com/tax...
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Hello @pjschut84! Congratulations the new business venture…sounds like a beautiful one! I am assuming you’re a single member LLC, is that true?Quarterly estimat...
Activity Feed for JANETB211
- Got Cheered for Re: Tax Withholding on Income. August 30, 2023 12:09 PM
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- Posted Re: Tax Withholding on Income on Self employed. August 30, 2023 12:04 PM
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- Got Cheered for Re: Self Employment Tax. August 30, 2023 11:48 AM
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- Posted Re: How much to save out of my checks (1099) on Self employed. August 30, 2023 10:25 AM
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- Got Cheered for Re: How much to save out of my checks (1099). August 30, 2023 10:11 AM
- Posted Re: I am self-employed with low income on Self employed. August 30, 2023 10:01 AM
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- Posted Re: How much to save out of my checks (1099) on Self employed. August 30, 2023 9:38 AM