Typically, self -
employed tax filers write off a bunch of expenses that W - 2 employees can't.
There's a similar form that self -
employed tax filers use called a 1099 - MISC form, but unlike the W - 2 it doesn't need to be attached to your return because the IRS will already have a copy on file.
Not exact matches
The payroll
tax is paid by virtually all
employed people and, in fact, 62 % of
tax filers pay more in payroll
taxes than in income
taxes.
The Premium edition is designed for self -
employed persons (schedule C guidance included), those with rental property income (Schedule E), and
filers needing more
tax guidance.