How To Identify If You're Self Employed - TurboTax Tax Tip Video 2 years ago

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2 Likes   3 Dislikes How to Identify If You're Self Employed - More than 55 million Americans are in some way self-employed, even if they have a regular W-2 job. Find out how TurboTax Self-Employed can help you understand your situation and maximize your tax refund.

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Video transcript:

More than 55 million of Americans are now engaging in some sort of self-employed work.

Examples of self-employment include: graphic designers, realtors, Etsy sellers, Uber drivers, consultants, freelancers, tutors, and so much more!

80% of TurboTax self-employed users also receive a W2.

If you received income that is not from a regular W-2 job, and no taxes were withheld, you may receive a 1099 Misc or 1099 K, and you may also have to file a schedule C.

In addition, you may have to file quarterly taxes if you are self-employed.

Don’t worry about knowing tax forms. With TurboTax Self-Employed, we uncover business deductions you didn’t even know you had.

If you weren’t the über organizer that we all wish we were, we’ve bundled QuickBooks self-employed with TurboTax Self Employed.

To learn more, visit the TurboTax blog.


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