WebFeb 24, 2024 · Step #6: Determine if you’re required to file Step #7: Fill out your tax forms Step #1: Make sure you actually have to pay Not everyone is subject to self-employment tax, but you’ll likely have to pay it if you are: A sole proprietor An independent contractor A freelancer A small business owner A gig worker WebFeb 7, 2024 · You’ll need to file a tax return and report what you earned from these types of jobs if you earn more than $400 per year. The good news is, you can also take tax deductions for certain expenses that are related to your job. For example, you can deduct mileage if you drive yourself to work.
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Filing Taxes With Multiple Sources of Income Credit Karma
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