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How to File Your Taxes as a Freelancer

While doing it all yourself can be daunting, there are many ways to get ahead of the inevitable April scramble.

This video was created with GEICO.

Working as a freelancer has its benefits, but filing self-employment taxes can be complicated. Freelancers are required to pay separate taxes in order to fund Medicare and social security, sent as quarterly payments throughout the year.

But if you’re not sure what a 1099-MISC form is, or you’re having a hard time calculating your quarterly withholdings, don’t fret. At The Tax Spa, we break it down to the essentials so you don’t have to go it alone.