This course is designed to help you, a self-employed independent gig worker, understand and meet your federal income tax filing obligations by recognizing types of gig income and learning what qualifies as gig work expenses and which of those gig work expenses you can deduct.
You'll learn all the fundamentals of reporting and filing a tax return for gig work. You will also learn about all the deductions you can claim for expenses you paid while completing your gig work or deductions towards a part of your home you used solely for your gig work.
You’ll learn how to determine what type of gig worker you are and you’ll learn about tax forms such as 1099-MISC, 1099-NEC, 1099-K and 1099-B, Schedule C and Schedule SE. You’ll also learn about record keeping and what supporting documents to keep to help verify your expenses and income.
This course contains 51 lectures and almost 1 hour of content. It's gig worker taxes made easy and is designed for anyone, regardless of tax experience or level of tax understanding.
By the end of this course, you'll have a good understanding of the IRS’s gig income filing definitions, rules and requirements, as well as a good understanding of qualifying gig work expenses and deductions.