Use our Self-Employed Tax Calculator and Expense Estimator to find common self-employment tax deductions, write-offs, and business expenses for 1099 filers.
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Self-employed? Lower your tax bill with these 23 common self-employed tax deductions. Learn about home office deductions, business expenses, and more.
There are several self-employed retirement account options available to choose from depending on your financial needs and goals, including: Solo 401(k), also known as the Self Employed 401(k) SIMPLE 401(k) Plan SIMPLE IRA (Individual Retirement Plan) Simplified Employee Pension (SEP) Plan Contr...
Calculate your self-employment 1099 taxes for free with this online calculator from Bonsai. Updated for the 2024 - 2025 tax season.
Your home office, car, insurance, retirement savings, and a lot more could get you a tax break. Here are the tax write-offs that you may be missing out on as a self-employed individual.
If you're self-employed, you'll likely owe Social Security and Medicare taxes. Here's the self-employment tax rate, and how to calculate what you owe.
Taxes can be confusing and frustrating, and that's especially true if you're self-employed. Don't worry. Once you understand the basics, and become familiar with a few best practices, it's not so bad. We hope this set of resources will make self-employed taxes a little more understandab...
Learn what self-employment taxes are, how to get deductions as a self-employed individual, what deductions are worth claiming, and more.
What else you can do: As we explain in the section about health insurance, you might be able to deduct some or all of your health insurance premiums if you're self-employed. 8. Office supplies deduction The everyday things you use to run your business could score you some self-employment...