By 2020, the number of self-employed Americans is expected to triple to 42 million people. It's easy to see why, with 97% of these workers saying they have no desire to return to a traditional job.
Whether or not you're newly self-employed, your tax is going to be a little different. To stay on Uncle Sams good side, use this self employment tax calculator to get an idea of how much you'll owe for taxes.
Got questions? Below is a detailed guide of how much tax to pay and how to go about paying your taxes.