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1099
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1099
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a 1099 Form
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If you’re self-employed and confused about taxes, you’re not alone. Most entrepreneurs never learn the tax rules that affect them the most — which leads to expensive mistakes, missed deductions, and overpaying the IRS. The Self-Employment Blueprint is the tax foundation every freelancer, 1099 contractor, and small business owner needs. This guide breaks down the basics of self-employment taxes in simple language so you understand how to properly track expenses, what you can legally write off, ho
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1099 vs W-2 — what those numbers actually mean If you’ve never heard these terms before, here’s where to start. 1099 and W-2 are not job titles. They’re tax forms. Those numbers refer to the paperwork the IRS uses to track how you’re paid. W-2 means you’re paid as an employee. Your employer reports your income to the IRS using a W-2 form. Taxes are usually withheld automatically from each paycheck. 1099 means you’re paid as an independent contractor. The company reports what they paid you using
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