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Funding a business
Tax on Freelance Income
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[QUOTE="cmoneyspinner, post: 72574, member: 25593"] In the USA, freelancers or those in the “gig economy” are often called “independent contractors” and their earnings are already taxable. If you earned under a certain amount per year (I forget the amount because it changes) there is no need to even report or file an income tax return. But there are some freelancers who make enough money to report it to the IRS. I consider that my late mother was a freelancer. She worked from home as a dressmaker. She never made enough from her home business to fully support us. But it was enough to supplement by father's wages. [URL unfurl="true"]https://www.thebalancesmb.com/the-average-freelancer-salary-in-the-u-s-4178447[/URL] [/QUOTE]
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