Tax Guide for Gig Workers

Stephen Fishman

• Publisher: NOLO
• ISBN:
  9781413326031
• Topic: Negocios y empresa
• Subtopic: Fiscalidad

Written for the growing numbers of freelancers who are part of the burgeoning gig economy. At least 10% of the American workforce are now gig workers who obtain jobs through online hiring platforms like Uber, Lyft, Upwork, TaskRabbit and many others. Gig workers are typically treated as self-employed, which means their taxes are far more complicated than those of traditional employees. Many gig workers lose valuable deductions or otherwise overpay their taxes or get in trouble with the IRS because they don't understand the tax rules that apply to them. Tax Guide for Gig Workers explains everything gig workers need to know about taxes, including how they are classified for tax purposes, how to pay self-employment and estimated taxes, what deductions to take, how to lower their taxes by taking advantage of the new 20% pass-through deduction, what records to keep, how to file a tax return, and more. Whether you drive for Uber or Lyft, code for Upwork clients, or perform paid chores through TaskRabbit, this book gives you the practical information you need to minimize your taxes while avoiding problems with the IRS.