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How much taxes do I owe as a freelancer?
I’m a freelancer and I’m trying to figure out how much I owe back in taxes.
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Hi there, if you earn over $400 from freelancing activities, you’re subject to self-employment taxes. This means you must pay income tax and self-employment tax. There are a few steps to calculating how much taxes you owe. Take a look at our tax guide for freelancers where we cover this topic in detail: https://askexper.com/ultimate-guide-accounting-bookkeeping-tax-freelancers/#Filing_Your_Taxes