Calling all #solopreneurs, Tax Day is coming up!
If you haven’t started filing your taxes yet, don’t fret! You still have time, and as always, we’re here to help.
In partnership with Create & Cultivate and Founder of Maed Denise Vasi, we’ve created a fun step-by-step video to teach you how to file your self-employed taxes using TurboTax Live Self-Employed. Tune in for all the tax tips and advice below.
Ready to file now? When you’re self-employed, you handle that yourself through quarterly estimated tax payments. In general, you are expected to pay estimated taxes if you expect to owe $1,000 or more annually for your taxes.
To figure out estimated tax payments, you’ll need to be able to track your income and expenses. QuickBooks Self-Employed helps you track your business income, expenses, and mileage year-round. You can then easily export your information to your TurboTax Self-Employed tax return. TurboTax Self-Employed product offerings uncover industry-specific deductions that can help you increase your tax refund and save more money for your business.
If you still have tax questions, you can connect live via one-way video to a TurboTax Live Self-Employed CPA or Enrolled Agent with an average 15 years experience to get your tax questions answered and the self-employed tax advice you need. TurboTax Live Self-Employed CPAs and Enrolled Agents are available in English and Spanish and can even review, sign and file your tax return.
Join the conversation in social by using #solopreneurtaxtips and share your #solopreneur tax and financial journey.