Form 1040-ES Form 1040-ES can help freelancers or those who are self-employed calculate their estimated quarterly taxes. This form can also be used to estimate taxes on income that is not subject ...

Finally, employers must also file employment tax returns. They report the FICA taxes quarterly to the IRS on IRS Form 941, Employer’s QUARTERLY Federal Tax Return. And they report FUTA taxes ...

IRS Form 7206 provides a straightforward way to claim your health insurance deductions, including those linked to long-term care insurance. Prior to the 2023 tax year, self-employed tax filers ...

If you earned more than $5,000 in income via third-party apps, you should get a 1099-K to file with your tax return.

The self-employment tax rate is 15.3% of income ... To estimate your quarterly payments, you can use the IRS' Form 1040-ES. However, if you don't keep up with your estimated tax payments, you ...

It should also help you find any deductions that might reduce your tax bill and make sure you complete all necessary forms for an accurate self-employed tax return. Below is a list of our top tax ...