
SCHEDULE C RESPONSIBILITIES
This beginner-friendly guide is designed to help self-employed individuals understand and manage their tax responsibilities. It simplifies complex tax concepts into easy-to-digest sections, making it perfect for freelancers, gig workers, and small business owners.
The guide includes:
• A breakdown of self-employment taxes and who needs to pay them.
• Clear explanations of taxable income and applicable rates.
• Step-by-step instructions on calculating and filing your taxes.
• Practical tips on deductible business expenses and quarterly estimated taxes.
• Tools and resources to streamline the tax process.
Whether you’re just starting your self-employment journey or looking to improve your tax knowledge, this guide provides actionable insights to help you stay compliant and maximize your deductions.