Published on: June 25, 2019 Last modified: April 1, 2021

Freelance Writers: Tips For Filing Your Taxes

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    Are you a freelance writer struggling to understand the best way to file taxes? With well over 7.5 million words regarding tax regulation in the tax code and around 2.4 million words making up the federal income revenue code, knowing just where to start can be overwhelming..

    Well, know that you are not alone. Whether you do regular blogging, write for a magazine or two, or just do a lot of odd jobs here and there, figuring out how to report your income can be a challenge, but help is available.

    Check out some of our tips below and, if you are facing an IRS tax audit or need an expert to consult, rely on an experienced IRS lawyer from our team. We are here for you.

    What Forms Should I Expect to Get?

    If you do freelancing work for a living, do not expect to get your standard W2 in the mail. Rather, you should be receiving a 1099-MISC form from everyone you do work for. If you did not receive one, there may be a couple of reasons for this.

    First of all, if you didn’t receive more than $600 from an organization throughout the course of the year, they will not be required to send you any forms. Are you being paid through Paypal or a similar site? Unless the client has paid you over $20,000 or more than 200 times throughout the year, they do not need to send you any documentation.

    That being said, you still need to report this income. You will need to fill out a Schedule C form to report what you have earned, then you can file your deductions on a separate form.

    What can I Deduct?

    In terms of deductions, many wonder what actually qualifies as legitimate things to document. Well, if you have a home office, that will qualify as something to deduct. That being said, this area must be dedicated solely to your work, so if you write from your couch, bed, or kitchen table, you are out of luck.

    Do you travel for your work? You may be able to deduct mileage and other travel expenses, such as hotels, meals, and plane tickets. Also, consider adding Internet and phone payments if these things are used for your work, as well.

    Other items include laptops, office supplies, computer software, your fax machine, and anything else that is necessary for keeping you hard at work.

    Need Assistance?

    If you have been reading up on this process for days or weeks and still feel confused and unsure, reach out to a qualified IRS lawyer today. Our team of tax attorneys can offer IRS help and answer your IRS questions, ensuring you get the most out of your tax return.

    Call today to find an IRS lawyer that can assist you. There is no time like the present to get the help you deserve.

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