tax deductions

Side hustle tax checklist for part-time creators (1099, deductions, reporting)

Ever find yourself wondering how to stay on top of taxes when juggling a side hustle as a part-time creator? If you’re receiving 1099 forms, tracking deductions, or confused about reporting income, you’re definitely not alone. Managing taxes for you…

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Side hustle income tax rules you must know (1099, deductions, audits)

Have you started a side hustle and suddenly realized tax season feels more confusing than ever? You're not alone. Many side gig earners struggle with understanding the nitty-gritty of income reporting, especially when dealing with 1099 forms, de…

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Form 8960 NIIT calculation quirks (MAGI, passive, deductions)

Ever found yourself puzzled by the quirks of calculating the Net Investment Income Tax (NIIT) on Form 8960? You're not alone—navigating the nuances of MAGI thresholds, passive income categorizations, and allowable deductions can leave even seaso…

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Side hustle income tax basics (filing, deductions, forms)

Ever wonder how to handle taxes for your side hustle without the headache? You’re definitely not alone. Juggling multiple streams of income can get confusing, especially when it comes to filing, deductions, and the right forms to use. Understanding …

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Form 8885 health coverage tax credit (eligibility, enrollment, payment)

Have you ever wondered if you qualify for the Form 8885 health coverage tax credit and how to actually enroll or receive payments? Navigating tax credits can be confusing, especially when it comes to health coverage and the specific requirements of …

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