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Tax Tips for Self-Employed Individuals

By BARRY LISAK
Posted 9/21/20

If you are in business for yourself, or carry on a trade or business as a sole proprietor or an independent contractor, you generally would consider yourself self-employed and you would file IRS Schedule C, Profit or Loss from Business, with your Form 1040.

Here are some things the IRS wants you to know about self-employment:

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