let me introduce you to the Schedule C and its sister form Schedule SE, the forms most freelancers need to file with their 1040s. First of all, expect to dedicate a lot more time to completing ...

However, another crucial tax obligation is self-employment tax, which funds Social Security and Medicare. To calculate and report this tax, you must complete Schedule SE when filing your annual ...

You may have to file a Schedule C even if you have a regular day job where you’re someone’s employee. So if you’re freelancing on the side, your self-employment means you’ll probably need ...