Tax Benefits for Parents Selling on Etsy in 2025
Parents selling on Etsy in 2025 can leverage tax benefits to reduce their tax burden. Key deductions include home office…
Tag: self-employment tax
How to File Taxes for a Stay-at-Home Mom’s Etsy Shop
“As a stay-at-home mom running an Etsy shop, you must report all income, even without a 1099-K, and pay self-employment…
How to Prepare for Tax Season as a Parent Freelancer
“As a parent freelancer in the USA, tax season can be daunting. This article outlines key steps to streamline your…
Can Parents Deduct Equipment Costs for Side Hustle Work?
Parents with side hustles can often deduct equipment costs as business expenses, reducing taxable income. Eligible deductions include tools, computers,…
How to Maximize Tax Deductions for Your Stay-at-Home Mom Side Hustle
“For stay-at-home moms running a side hustle, maximizing tax deductions can significantly boost your income. This article explores key strategies,…
How to File Quarterly Taxes as a Parent with a Side Hustle
“As a parent juggling a side hustle, managing quarterly taxes can feel daunting. This article guides you through the process,…
IRS Rules for Parents with Side Hustles in 2025
The IRS requires parents with side hustles to report all income, including earnings over $400, and pay self-employment taxes in…
How to Avoid Tax Penalties as a Stay-at-Home Parent Freelancer
“As a stay-at-home parent freelancing in the USA, avoiding tax penalties requires proactive financial management. Key strategies include making quarterly…
How to Use Tax Software for a Parent’s Side Hustle Income
Mastering tax software for a parent’s side hustle income simplifies reporting and maximizes deductions. Learn to track earnings, categorize expenses,…
What Is the Self-Employment Tax Rate for Parent Freelancers?
The self-employment tax rate for parent freelancers in the USA is 15.3%, covering Social Security (12.4%) and Medicare (2.9%). For…