The Complete Guide to Freelance Taxes

We get it. Taxes aren’t necessarily most people’s idea of fun. From managing all the forms, filing deductions, and hoping and praying you don’t make a mistake, it’s all…ick.

Plus, given the new Inflation Reduction Act — which will increase the amount of tax audits directed toward small business owners — many freelancers are fearing an audit now more than ever. If you’re in that boat, already imagining the IRS knocking on your door, we’re here to help.

If you’re freelancing (or side hustling/selfemployed in some other fashion), this guide is for you. Here’s what you need to know about filing freelance taxes.

Disclaimer: This information is for educational purposes only and should not be taken as financial advice. Please consult a tax professional for personalized tax recommendations.

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