To report your self-employment income as common-law employee salaried income: 1) Delete your self-employment income entry 2) Select “Foreign Employment Compensation” on the Foreign and Other Income Section 3) Enter…
Many self-employed individuals are actually common-law employees, who operate as regular employees, just on different contract terms. According to the IRS, under common-law rules, if the company you work for…
Reimbursements from your employer can be considered taxable benefits or non-taxable, depending on various factors. Here are a few examples and guidelines: Non-Taxable Reimbursements: Typical non-taxable reimbursements can include travel…
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