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Self-Employment Income
Earnings derived from one's own business, trade, or profession rather than from salaried employment.
Schedule C
This is a tax form used by sole proprietors in the United States to report their business income and expenses.
1099-MISC
A tax form used to report miscellaneous income, including fees, royalties, or rent, paid to a non-employee.
Self-Employment Tax
A levy that encompasses Social Security and Medicare contributions, mainly targeted at individuals who are self-employed.
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