For those in 1099 independent contractors positions, how do you track everything and do your taxes? I’m looking to get into sales and a lot of the positions are 1099 roles

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QuickBooks will likely be the easiest way to manage things. I first tracked everything in Excel, but I highly recommend adopting a self-employed business mindset from the start. Taxes aren’t terrible, but remember to budget for them. The self-employment tax has gone up. Keep a close eye on deductions and business expenses, as these can significantly reduce your tax liability (e.g., advertising, home office, etc.). Also, make sure to keep personal and business accounts separate.

Which quickbooks would it be? I see multiple when I search it up.

I have been a 1099 contractor for four years now. I keep a pretty intense Excel spreadsheet with all my tax write-offs, income, etc. At the end of the year, this is what I give to my accountant, and they handle the rest.

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