Form 7206 is a new IRS form for self-employed taxpayers to figure their deduction for health insurance costs. Self-employed ...

Self-employment tax is calculated using Schedule SE from IRS Form 1040 or Form 1040-SR. You don’t need to pay self-employment tax if your net annual earnings from self-employment are less than $ ...

Beyond standard tax paperwork like W-2s and 1099s, there might be others you need to collect, like a 1099-DIV.

There are myriad perks to working for yourself: ditching the 9-to-6 grind to set up your own business means not answering to ...

More help for the self-employed has been announced in the Budget, with grants available until the end of September. These will be the first payments available to an estimated 600,000 people who ...

Each January, your mailbox and email is likely filled with tax forms. If you work for an employer, you’ll receive a W-2 reporting your wages. But if you do any self-employed or freelance work ...

self-employed people and 1099 contractors. Our ratings take the following features into account and weight them according to category: cost to file your state and federal taxes, what forms you can ...