Freelancer Taxes
Quarterly payments, self-employment tax, set-aside percentages and the deductions people miss.
4 guides
How Quarterly Estimated Taxes Work for Freelancers: Deadlines, Amounts and Penalties
Learn who must pay quarterly estimated taxes, the four due dates, how to calculate each payment and how to avoid the underpayment penalty.
How Much Should a Freelancer Set Aside for Taxes? A Percentage Guide by Income
Most freelancers should set aside 25% to 30% of every payment for taxes. See the percentage by income level and a simple system to follow.
Self-Employment Tax Explained: How the 15.3% Is Calculated (With Examples)
Self-employment tax is 15.3% on 92.35% of your net profit. See how it is calculated, who owes it and what you can deduct.
12 Tax Deductions Freelancers Commonly Miss
Freelancers often overpay by missing common deductions. Check these 12, from the home office to health insurance, before you file.