Determine whether you are an independent contractor for tax purposes
Collect all income records from clients and platforms
Keep track of deductible business expenses
Separate business and personal finances
Estimate and pay quarterly taxes if required
Report income on Schedule C
Calculate self-employment tax on Schedule SE
File your federal tax return by the deadline
File any required state and local tax returns
Keep receipts, invoices, and records for at least several years
Consider making retirement contributions to reduce taxable income
Review whether you need to make estimated tax adjustments during the year
Use tax software or a tax professional if your situation is complex