Being self employed with one W-2

Forum|Forum|1 year ago
February 23, 2025
2 replies
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Hello,

I've been self-employed in most years since 2020, meaning, I get my income through 1099 from multiple clients and file as self employed. This year as well I've also been getting income from paying clients. Normally clients pay me using 1099. However, for whatever reason, one client insisted on paying me using W-2. I'm not working full time for this client and this income is only a fraction of my total income (~$5,000 or so). I'm not getting any benefits from this client.

Only now it occurred to me - would this prevent me from filing taxes as if I'm self-employed? That is, deducting taxes for a home office, etc? I wish I pushed back on the client's request..

Many thanks,

TurboTax Home & Biz Windows

VolvoGirl

Employee

No that won’t mess up your self employment on Schedule C . But you need to enter the W2 separately under Jobs or Wages not on Schedule C. Actually W2 is better. You won’t be paying self employment tax on it.

To Add a W2 enter it under

Federal Taxes or Personal Income (Home & Business )

Wages & Income

Then Wages and Salaries- Click the Start or Update button

xmasbaby0

Employee

No the W-2 does not prevent you from filing self-employed income. You must include the W-2 though--you cannot skip entering it. You will still prepare a Schedule C for the self-employment income and business expenses for the income gained through the self-employment. Many people have a combination of W-2 and self-employment income.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

uschlesAuthor

Thanks for the super quick response! That's good to hear - I was so worried I'd be considered to be a full time salaried employee and would lose the self employments benefits for the months I was getting the W-2. So in this case, I can still deduct for a home office?

Many thanks