Freelancing 101: Taxes as a Freelancer

Lesson 9: Taxes as a Freelancer


Taxes for freelancers

Freelancing is a business. Like any business, you need to pay taxes

 Depending on how you register your business, you might not need a business license

Your social security number is your license if you are a sole proprietor. That means you can file your taxes yearly, the same as you do when you're an employee.

 You can go to an accountant and have them file your taxes to make sure you take advantage of any credits available to you. The most important thing for you to do is keep track of your expenses and your income.