Do I File Business And Personal Taxes If I Am Self-Employed?
You can also file your government taxes on an online basis. There are plenty of websites out there which you can file your business and personal taxes with if you happen to be self employed. You have out things like a 1099 and a Schedule C if you happen to be an independent contractor. An independent contractor is of course someone who can consider themselves to be self employed. You may want to speak with a tax consultant to see if you qualify as self employed on your government taxes.
There are some misconceptions out there about exactly how much income tax a self employed person has to pay. The truth is that some self employed people are under the impression that their income can go undetected. This a bad misconception. There are some self employed writers who think their income can go undetected. This is a terrible misconception. Do I File Business And Personal Taxes If I Am Self-Employed? It depends upon your personal situation and whether you own the business or are merely an independent contractor who works for the business. That is what makes the major difference. You have to learn how to file personal taxes if you are a self employed independent contractor.
If you are just an independent contractor for a business, all you have to do is file personal taxes for the work that you do for that business. If you happen to own a business as a self employed person you will have to file business taxes associated with that enterprise. The people who happen to own their own business as a way of being self employed have a lot of taxes to worry about as a self employed member of society.