CatalogWorkforce ReadinessSide Income and Self-EmploymentTaxes on Side Income

Taxes on Side Income

6 minProvideFree episode
Taxes on Side Income
Side Income and Self-Employment
6 MINTaxes on Side Income
What you'll learn
  • →Understand that side income is taxed differently — no employer is withholding for you.
  • →Learn the basics: quarterly estimated taxes, Schedule C, and tracking deductible expenses.
  • →Set aside ~25-30% of every dollar earned for taxes — most people who get surprised in April didn't.
Proof task

Don't just watch. Do.

Open a separate savings account labeled "taxes." Every time you earn side income, transfer 25% to that account immediately. Don't touch it. April becomes a relief instead of a panic.

Chapters

Jump to a moment.

  • 0:00The hook
  • 1:15The pattern
  • 2:45The interrupt
  • 4:30Practice scenario
  • 5:30The proof task
Up next in Side Income and Self-Employment

Keep going.

Episode 7 · 5 min
Deciding: Scale or Stop
Not every side thing should become a business. How to know when to grow and when to be grateful for the extra $500/month.
Reflect

“What tax-related fear has been stopping you from earning side income at all?”

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