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A Guide to Self-Employment Taxes for Contractors, Freelancers, and Beyond

Updated for Tax Year 2020


OVERVIEW

If you work for yourself and don't call anyone your boss, you're likely self-employed. This carries advantages, like not having a manager and deciding your own hours. But it also comes with trade-offs, like paying the self-employment tax and paying for your own employee benefits.


Perfect for independent contractors and small businesses

Find more tax deductions so you can keep more of the money you earn with TurboTax Self-Employed.

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