How to File Taxes as a Self-Employed Person in 2026

By Genius Consulting | March 1, 2026 | Tax Preparation

Filing taxes as a self-employed individual is fundamentally different from filing as a traditional W-2 employee. This guide covers everything you need to know for 2026.

Understanding Self-Employment Tax Basics

The self-employment tax for 2026 is 15.3% of your net self-employment income. You'll need Schedule C, Schedule SE, Form 1040-ES, and Form 1099-NEC.

Key Tax Deductions for Self-Employed Individuals

• Home Office Deduction
• Vehicle and Mileage (67 cents per mile for 2026)
• Health Insurance Premiums
• Retirement Contributions (SEP-IRA up to $69,000)
• Professional Services
• Software and Subscriptions

Quarterly Estimated Tax Payments

Due dates: April 15, June 15, September 15, 2026, and January 15, 2027.