Small business tax help website

Self Employment Taxes

Below is information about self employment taxes. Many people are self employed, some without even knowing that they are self employed. In this section, you will learn about Schedule C and the business use of your home as well as filling out the Form 8829 for expenses for business use o your home.

Definition of self employment

You are self employed if you:

  • carry on a business or trade as a sole proprietor
  • are an independent contractor
  • are a member of a partnership or
  • are in business for yourself in any other way
What is a business?

An activity qualifies as a business if your primary purpose for engaging in the activity is for income or profit and you are involved in the activity with continuity and regularity. If you own a business alone and have not incorporated, you are considered to be a sole proprietor. Your business is referred to as a sole proprietorship. An independent contractor is actually a sole proprietor. Your business does not have to be your full time occupation; it can be a sideline business.

Self Employment Tax Return

Statutory Employee

Hobby vs Small Business

Schedule C

Business Use of Home Expenses

Schedule SE

Self Employment Tax