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In addition, the IRS provides step-by-step instructions on tips on how to fill it out. Independent contractors are answerable for all of their enterprise expenses. Freelancers can reduce their gross income by way of the use of allowed business deductions, thus reducing their tax bills. They do not have taxes withheld from their paychecks but instead should pay estimated earnings taxes upfront through quarterly payments. A assertion that the contractor is responsible for eradicating all particles …