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as well. You have to pay your freelance taxes and file your return on time. This can be a complicated task, especially for those who aren’t familiar with how taxes work. So, it makes sense to seek professional help for this task!
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You can also deduct any ordinary and necessary costs of education and training of your employees. These are also reported on Schedule C. TurboTax Tip: If you’re furthering your education, you might also qualify for theAmerican Opportunity tax creditorLifetime Learning credit. However, you ...
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Yes, you can do your ownsmall business taxesas long as you have the necessary knowledge and filing materials. If you are unsure about any of the filing requirements or processes, it is strongly recommended that you seek the advice of a qualified tax professional. They can help you determine...
AI responses may contain inaccuracies and should not be a substitute for professional advice. Do not input sensitive or private info. Summarize this article for me. What line on Form 1040 shows your total tax liability? How does effective tax rate differ from marginal tax rate?