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Community Child Care Council (4Cs) of Alameda County Self Employment Income Statement Parents Name: Type of Business: Month of Payment: Tips Received: Total Hours Worked: Monthly Income: $ Monthly

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What is self-employment?

Self-employment refers to working for oneself rather than an employer.

Who is required to file self-employment?

Individuals who work for themselves, such as freelancers, contractors, and business owners, are required to file self-employment taxes.

How to fill out self-employment?

To fill out self-employment taxes, individuals need to report their income and expenses on Schedule C or Schedule C-EZ of Form 1040.

What is the purpose of self-employment?

The purpose of self-employment taxes is to report and pay taxes on income earned from self-employment activities.

What information must be reported on self-employment?

Income, expenses, and deductions related to self-employment activities must be reported on self-employment taxes.