As a first-year freelancer, I did not know I had to pay a separate self-employment tax, is there any legal way to reduce this massive bill?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

A first-year freelancer’s self-employment tax question often turns on how the income was reported, what business expenses are documented, and whether any retirement or health-related deductions are available in the return. In many cases, the size of the bill also depends on whether estimated payment For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.