The Independent Worker’s Guide to Tax Forms

Taxes

Feb 28

Written By Kathleen Ferraro

Working for yourself has its perks, but tax season isn't always one of them. We’ve got your back — here are cheat sheets for common 1099 forms to help you navigate taxes with clarity and ease.

Featured

What Is the Schedule C Form?

The Schedule C form summarizes your business profit for the year. Here, we’ll explain how to calculate your business profit to maximize money-saving deductions and minimize your tax bill.

What Is a 1099-K?

The 1099-K tax form is used by companies that facilitate payments to you for your goods or services. Here’s everything you need to know about 1099-K forms, including what it means and who gets it.

What Is a 1099-NEC?

Companies use the 1099-NEC form (instead of a W-2) to report how much they’ve paid you as an independent contractor. Learn all about the 1099-NEC form and whether you’ll get one.

What Is Self-Employment Tax and the Schedule SE Form?

Learn what the self-employment tax is, why you have to pay it, how to fill out Schedule SE forms, and how to calculate what you owe.

taxes

Kathleen Ferraro