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Self-Employed

3 posts

Cover illustration for the Side Income article, reading “Side Income and the Tax You Owe on It”.
Side Income

Side Income and the Tax You Owe on It

Side income can face income tax and 15.3% self-employment tax. A $14,000 example shows why setting aside 25% is only a starting point.

4 min read
Editor's pick
Cover illustration for the Taxes article, reading “Your Tax Season Checklist”.
TaxesGuide

Your Tax Season Checklist

Gather the forms your return actually needs, including the four records most likely to arrive after you think you are ready to file.

7 min read
Cover illustration for the Budgeting article, reading “How to Budget When Your Income Changes Every Month”.
Budgeting

How to Budget When Your Income Changes Every Month

Budget on your lowest month, not your average. Seven of twelve months fall below an average, and on one freelancer's real year, budgeting on it would have spent the tax money exactly.

9 min read