Understanding the Freelancer’s Tax Obligations: A Guide for the Uninformed


Are you new to freelancing and not sure about your tax obligations? Don’t worry, you’re not alone. A lot of people are turning to freelance these days and it can be tough to navigate the tax side of things. But don’t fret, we’ve got you covered.

Taxes When You’re an Employee vs. a Freelancer

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Tax Basics For Freelancers

1. What’s the minimum I have to earn to pay freelance taxes?

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2. What is the self-employment tax?

3. When do I have to pay freelance taxes?

Keeping Track of Your Freelance Income

Keeping track of freelance income
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Self-Employment Tax Deductions

What you can deduct in freelance taxes

Home office costs

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Professional development costs

Software costs

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Professional website costs

Mileage and travel expenses

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Costs of forming a business

Considering a Tax Professional

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