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by vorpalhex 1623 days ago
Freelance and being a landlord is in fact a business and you do in fact need to pay business taxes as appropriate.

Again, this does not change personal taxes.

1 comments

Please explain what a “business tax” is in the US. Personal taxes are definitely affected if you happen to do business as a sole proprietor. They’re even affected if you happen to have an LLC with passthrough taxation.
If you form an llc, and if you pay passthrough taxes instead then you are perfectly well aware that you are a business and that passthrough taxes are saving you paperwork. If not, your CPA can explain this to you.