Taxes + Freelance

Out of context: Reply #8

  • Started
  • Last post
  • 26 Responses
  • duckseason0

    The freelance work I did wasn't my primary source of income.
    I just fell into all the work - friends with friends that needed this or that done. At the end of the year it wound up being a fairly significant chunk of change. That being said, I haven't paid any sort of tax up to this point. As far as what I spent on my "business"... there really wasn't anything, unless I start getting into transportation and meals n shit.

    • Which could be exactly what I need to do.duckseason
    • darn straight. And get an accountant...a decent one will pay for themselves and save you cash on tax straight off the bat!babaganush
    • if you didn't pay quarterly, you might be facing some penalties, but i didn't think they were that high.jaylarson
    • If it's on the side, quarterly won't be necessary unless you're really hauling it in.pinkfloyd

View thread