It should not be included on your Schedule C. Self-employment tax is a tax-deductible expense. The IRS allows you to deduct the employer-equivalent portion of your self-employment tax (7.65% ...

Schedule C is a treasure trove of tax deductions for self-employed people. And it's also a gold mine for IRS agents, who know from experience that self-employed people sometimes claim excessive ...

If you don't receive these forms, you'll need to rely on your own payment records to report all net income earned on Schedule C of your tax return. You calculate the self-employment tax on ...

When you’re self-employed — you’ll mostly fill out IRS Form Schedule C on your tax return. This is where you’ll report your ...

With this year's tax filing deadline quickly approaching, it's important for self-employed individuals to get a clear sense ...

Consult IRS Publication 334, Tax Guide for Small Business (For Individuals Who Use Schedule C) for the rules. Use Schedule SE to calculate and file your self-employment taxes. You’ll calculate ...

So you're reporting on Schedule C, probably your business income and ... But there's the advantage when you're doing this, you're paying self-employment taxes into the system, and that actually ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

Filing your tax returns if you’re self-employed ... It has all the forms you’ll need if you’re self-employed, including 1099s, Schedule C, Schedule E and the home office deduction form.