Are you self-employed? Use the TurboTax free Self-Employed Expense Estimator to calculate your tax savings based on your annual deductible business expenses. Double check our list of business expenses so you get the most possible deductions and the tax refund you deserve!
Watch this video to learn about some commonly overlooked tax deductions for the self-employed! Luckily, TurboTax will ask you simple questions so you don’t miss any income tax deductions or credits.
Can you believe the end of the year is just six weeks away? If you’re self-employed, that means the countdown is on to reduce your 2016 net income by making tax-deductible purchases related to your work.
Many self-employed deductions are less obvious because they don’t involve purchasing a good or service. Read more in this TurboTax Blog post from TurboTax to ensure you are taking all the deductions allowed for self-employed filers.
Self-employed for a few months?
If you have recently taken the steps of becoming self-employed, TurboTax has some tips for you on how to survive the ups and downs of self-employment.
Read more in this TurboTax Blog post.
Student loans can be a huge financial burden when you first start working. Fortunately, there are several payment plans for low income earning holders of federal student loans. While TurboTax can explain the details of the various plans, the simplest way to discover which one is best for you is the use the repayment estimator offered by the U.S. Department of Education. It will tell you the best option.
Read all about it in the TurboTax Blog.
Earning extra cash as an on-demand food delivery driver? Like other sources of income, the money you make delivering food to hungry folks via mobile apps such as — UberEATS, Postmates, Sprig and DoorDash —is subject to taxes. Check out this helpful tax tip article from TurboTax: Filing Taxes for On-Demand Food Delivery Drivers
Self-Employment Tax Tips Video: Reporting self-employment income can be complicated. But, there’s no need to worry as long as you follow some basic rules from the IRS. Watch this helpful tax tips video from TurboTax to find out more about self-employment taxes.
If you’re self-employed, you may need to pay estimated taxes by this Monday, June 15th.
Whether you do contract work or have your own small business, tax deductions for the self-employed can add up to substantial tax savings. Learn what top tax write-offs for the self-employed you should in mind.
Tax tip videos for small business owners covering everything from little know tax tips to when to issue a 1099 form, a guide to payroll taxes, business tax preparation and tax credits for employees that work at home.
Does some of the income you report on your tax return come from employment or work you perform as a sole proprietor or independent contractor? If your answer is yes, you satisfy one of the requirements for taking the Earned Income Credit. Find out more about filing schedule EIC at TurboTax.