@Muk6202, since you are operating your business as a sole proprietorship, I am assuming that you did not form an entity. If that is the case, and you do not hav...
Hi@cclee123, you can find specific information about underpayment penalties here:https://www.irs.gov/forms-pubs/about-form-2210.
This is also a useful article:...
Hi@hobbysellebayer, good question. Even though you are filing jointly, the SE applies to the self-employment income only, so the best rule of thumb is to base y...
Hi@tayloredurogyn, you generally have 75 days to make an S-corp election after starting a new entity. However, the IRS will allow you to make the request at ano...
Hi@Shannon Beasley, thanks for your question. You can claim mileage for traveling to your self-employment work, but not for a position that you hold as an emplo...
