Self-Employment Tax Explained | Gig Economy Taxes | Uber, Lyft, GrubHub, Instacart 1099 Taxes

Self-Employment Taxes Explained|| If you have income from 1099, gig economy, or freelance work, you are subject to self-employment tax. These taxes are not withheld from your payments, so you have to make your own payments to the IRS. This causes people lots of concern and worry, so I explain some important things you need to consider to file your self-employment taxes. I talk about how to estimate your self-employment taxes, 1099 tax deductions, and what to do if you owe money to the IRS.#1099taxes #selfemploymenttax #tax

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