Sunday, May 24, 2009

I have a full-time job but do freelance work on the side. What do I need to do about taxes


I have a full-time job but do freelance work on the side. What do I need to do about taxes?

United States - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
? report it as extra income or pay everyone under the table including yourself.
2 :
So do I, actually. You need to save the paystubs for your freelance work because it is taxable income. Do you mean freelance as in self-employed or are you a contractor? That might make a difference, not too certain actually.
3 :
ssshhh, don't say anything. . .
4 :
Have bookoo more incometaxx withheld at regular job. FIle schedule C and SE. Keep ALL receipts and milage logs. Visit www.IRS.gov and go to "businesses" for small business workshop. See pub 919 and 505 there too


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