Taxes III: Freelancing & 1099s | Cash Course | PragerU Kids

Working as a freelancer may offer flexibility, but it also comes with increased responsibility. Unlike employees who receive a W-2 with taxes already deducted, independent contractors receive a Form 1099 from each client and must pay their own taxes. In this episode of Cash Course, we’ll teach aspiring entrepreneurs how to track income and business expenses, check your 1099s for accuracy, and maximize deductions to keep more of your hard-earned money.

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