Preparing Your Taxes: A Guide for Freelancers

Joel Anderson |


With only a week remaining before the deadline for filing taxes, those people whose work falls into the freelance category have an extra layer of difficulty in navigating their returns. "What can I deduct?" "What should I not?" "Why is my rate so flipping high?!" For long-time freelancers, navigating these pitfalls can be old hat, but if you're just entering the world of freelance work for the first time, it can be truly daunting. The folks over at e-smart tax by Liberty Tax have created this helpful infographic to guide you through the ins and outs of filing taxes as a feelancer.

 

Freelancer Guide to Self-Employment Taxes Infographic
Image source: eSmarttax.com

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