Quickbooks Self-Employed

Manage your Invoices, track expenses, & pay bills and simplified Quickbooks Self-Employed taxes in one place.
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QuickBooks is basically a software used for accounting purposes. QuickBooks products are mainly towards small and medium-sized businesses. It offers on-premises accounting applications as well as cloud-based versions that accept business payments. It is used to manage the account credentials and pay bills, and payroll functions.

Quickbooks Self-Employed is a product of QuickBooks. Quickbooks Self-Employed is a tax software which helps freelancers to keep their track records of income and expenses. Freelancers can calculate and pay their estimated quarterly expenses by using QuickBooks. It also has some few bookkeeping qualities which help the freelancers to get the information they need.

Quickbooks self-employed comes with the combination of tax software with cloud-based basic accounting benefits which are proved to be very beneficial for the freelancers. Get QuickBooks support for your Self-Employed software.

We have a team of certified QuickBooks experts at our customer service center to help you with all your related issues. call us now for QuickBooks Self-employed support.

Benefits of using Intuit’s Self-Employed:

Using Intuit’s QuickBooks is the best thing you ever do to your business accounting. If we are talking about experts advice, every accounting professional recommended this accounting software for your business. QuickBooks is very fast and accurate and all your accounting task will be done without any mistake. If every need assistance for any topic related to QuickBooks, feel free to contact us at our toll-free QuickBooks Customer service to get QuickBooks self-employed support at any time anywhere in all over the USA. Here are the benefits of QuickBooks self-employed:

  • It is very user-friendly in nature anyone can use it.
  • It is very easy to use you don’t need to be an accounting or financial expert for using this.
  • All your account data and information are stay organized in the cloud.
  • You can easily retrieve your account credentials due to its cloud support system.
  • Also, you can track sales, create and send invoices.
  • You can know how your business is doing at anywhere and at any time you want to check.
  • It has an automatic mileage tracking system.
  • Supported by any type of environments like android and ios system.

Pricing range of QuickBooks Self-Employed:

QuickBooks Self-Employed usually comes in three-wide varieties where you can choose your plans according to your needs. Flexible plans for independent freelancers and customers are as follows

  • QuickBooks Self-Employed
  • QB Self-Employed Tax Bundle
  • QuickBooks Self-Employed Live Tax Bundle

1. QuickBooks Self-Employed:-

It is basically known as QuickBooks Self-Employed standard plan.

Pricing: Prices for using this type of software is $5 per month.

Advantages:-

  • You can send and track invoices.
  •  Also, you can separate business and personal expenses.
  •  You can maximize your Schedule C deductions.
  •  You Quarterly Estimated Taxes are calculated automatically.
  • It has the automatic mileage tracking system which helps to track your mileage from time to time or whenever you want to check.

2. QuickBooks Self-Employed Tax Bundle:-

This plan comes with the combination of standard and TurboTax bundle

Pricing: The price of using this type of software is  $12 per month.

Advantages of using self- Employed bundle plan:-

  • You can send and track simple invoices.
  • Also, you can separate your business and personal expenses.
  • You can maximize your Schedule C deduction.
  • Quarterly estimated taxes calculated automatically.
  • It also supports automatic mileage tracking.
  • User can pay Quarterly estimated taxes online directly from Quickbook.
  • You can easily transfer your info to TurboTax.
  • One state and one federal tax return filing are also included in this bundle
  • You can also scan and categorize expenses on your mobile phone.

3. QB Self-Employed live tax bundle:

This plan with the combination of standard and TurboTax live bundle plan

Pricing:- The price for using the self-employed live tax bundle plan is   just $17 per month 

Advantages of using self-Employed live tax bundle plans are:-

  • You can send and track simple invoices.
  • You can separate your business and personal expenses.
  • Also, you can maximize your Schedule C deduction.
  • You can Quarterly estimate taxes and calculate them automatically.
  • Easily transfer your info to TurboTax.
  • One state and one federal tax return filing are also included in this bundle.
  • The user gets unlimited help and advice all years from the experts.
  • You can talk to real CPAs whenever you need them.
  • If you have a CPA then you can do a final review of your return.

Features of Intuit QB Self-Employed:

QuickBooks Self-Employed will help you to organize your income and expenses with all its advanced features included in it. It helps to track your mileage, connect your bank card and credit cards account details, separate your personal and business expenses, and maximize tax deduction and many more features are supported by Quickbooks Self-Employed.

Track your mileage Automatically:

Whether you are doing part-time driving, full-time driving or occasionally making deliveries, mileage can be one of the largest tax deductions as a self-employed worker. If you drive for business purpose then you can easily deduct the cost of mileage or actual vehicle expenses. You can download the mileage tracker app by QuickBooks Self-Employed on your Android and ios Phone. It keeps all the track records of your start and stops locations for all of your trips automatically.

Overview of mileage tracker app:-
  • Track mileage automatically

With the help of Quickbooks, Self-Employed Customers log on average $7,393 in mileage deductions.

  •  Automatic GPS Tracking System:

With the help of automatic GPS Tracking system, you can easily trace your location by turning on the GPS systems in your Phone. It is easier than doing nothing.

  • Organize Expenses:

The app helps to categorize individual trips easy so you can easily accurately rack up potential tax deduction.

  • No Drainage on the battery

With the help of patented technology, your GPS will work only when you are moving- so you get reliable data and information without draining your battery.

  • Maximize Deductions:-

Mileage data is now logged accurately and automatically in your devices. It drives up potential deduction by making every mile count.

Connect your Bank and Credit Card Accounts:

With the help of Quickbooks  Self Employed Account, you can easily download your bank and credit card transactions into your device. You can categorize each transaction to the appropriate account to complete your Schedule C for future reference.

Separate Business and Personal Expenses:

It is easy to separate your business and personal expenses by setting up a categorized your business and personal expenses during the bank account setup.

For your business, if you don’t have a separate bank account then you need to set up one. It is not a good idea to link your personal and business funds.

In the case in the future, if you are ever audited by the IRS, and don’t have a separate business checking accounts then the outcomes have not come in favor of you.

Helps in the creation of Tax Payments Due Date Reminder:

The tax profile that you complete during setup based on that QuickBooks Self-Employed will project your annual profit. It provides alerts for all tax due dates with the estimated tax payment recommendations.

Attach a receipt to your every transaction:

The QuickBooks Self-Employee mobile app you are allowed to take a picture of a receipt and attach it to; each of your transactions directly from your mobile. This is a valuable feature of QuickBooks Self-Employed and this type of functionality will save you time in the long run.

Files both federal and State Taxes:

With the purchase of TurboTax Bundle or TurboTax Live Bundle, QuickBooks Self-Employed includes both a federal and state tax return filing for free. However, it currently can’t handle state quarterly estimates or Tax payments.

Access Real-time data:

When you open the homepage of QuickBooks Self-Employed, there is a dashboard where you can see the most up to date information which is as follows:-

  • Left menu bar: Helps in the navigation of each area of the program using the left menu bar.
  • Profit and Loss: You can view total income and expenses in this section for any timeframe which is specified by you, such as this month, last month, this year, or last year.
  • Expenses: You can view all your total expenses in this section for the timeframe specified by you, such as this month, last month, this year, this week, etc.
  • Accounts: You can view the current balance of all bank/credit card accounts connected to QuickBooks Self-Employed.
  • Invoices: All your current account receivable balances are view in this section.
  • Mileage: You can view the total mileage which is being recorded using the QuickBooks Self-Employed mileage tracker app.
  • Estimated Taxes: Helps in Reviewing the estimation taxes that you owe, based on an automatic calculation performed by Quickbooks Self-Employed from the income and expenses you have recorded.

Run financial Reports Quickly:

There are three types of records which you can download easily and also you can mail them the accountants for tax filing:

  • Profit and Loss statement
  • Tax details
  • Tax summary

QuickBooks Self-Employed Reviews:

QuickBooks Self-Employed is a very user-friendly application which is beneficial for many users and the users also like its automatic mileage tracker app. Whereas some customers don’t like that it is missing some o;f the essential features that you would expect in accounting software like the ability to create recurring transactions and track A/P. Sometimes it’s monthly payment option is proved to be a burden on many people who are at the initial stage of their startup.

Pros and Cons of QuickBooks Self-Employed:-

There are several pros and cons which usually came when you are using QuickBooks Self-Employed. On the pros, it is very easy to track mileage and expenses using the mobile app. You can also separate your business expenses from personal expenses. Whereas you can’t manage your A/P, and you can’t pay employees and contractors in QuickBooks Self-Employed

Pros of QuickBooks Self-Employed 
  • QuickBooks Self-Employed is User- friendly.
  • It has the option to track mileage 
  • It also has the option to invoice multiple clients or customers.
  • With the help of the mobile app, you can invoice, track mileage, and organize your income and expenses on the go.
  • Helps in organizing income and expenses for schedule C
  • Helps you to calculate your quarterly taxes and allows you to pay them online through the  websites or the app 
  • It has the ability to print off multiple reports for your bookkeeper, accountant, or even for your records.
  • Integrated into different platforms like Shopify, PayPal, TurboTax, and Square. It also integrates into other platforms with the help of apps like Zapier.
Cons of QuickBooks Self-Employed
  • It can’t customize invoices outside of your name, address, logo, etc.
  • It is very hard to migrate to other accounting software if it stops working.
  • You have to use a seperate tool for time-tracking as no such tool is provided by it.

Frequently Asked Questions(FAQs) related to Quickbooks Self-Employed 

In this section, we will discuss the most Frequently Asked Questions related to QB Self-Employed account. We have tried to answer the most Frequently Asked Questions which usually comes in the minds of the people.

Is QuickBooks Good for Self-Employed?

Ans: QuickBooks Self-Employed was made for self- employed people like freelancers, ola, uber or Lyft drivers. It helps you to keep track of personal and business expenses. It calculates your estimated Quarterly taxes. Additionally,  you can track your business mileage easily with the QuickBooks Self-Employed.

Is Quickbooks self-Employed is free or it’s paid?

Ans: Yes, it is free for the first month which is basically the trial period but after that, you will have to purchase the plan which depends on you which plans you are choosing whether is the Standard Plan, TurboTax Bundle Plan or it is TurboTax Live Bundle Plan.

How to file taxes with the Quickbooks Self-Employed?

Ans: If you are using TurboTax Business Program and file your taxes and revenues then you can easily import it to your QuickBooks account.

How can I use QuickBooks Self-Employed with TurboTax?

Ans: For using the Quick Self-Employed with TurboTax you will have to follow these steps:

  • Sign in to your QB Self-Employed account and then start your work by selecting the “Start Here” option.
  • Select the Tax Checklist.
  • Select review final tax summary.
  • When the reviewing is complete, select Send to TurboTax in the bottom right of the screen.
  • Select “It’s OK” option to send your information to Turbo Tax.

Who can use QUICKBOOKS SELF EMPLOYED?

People that serve for themselves can hugely profit from QuickBooks Self Employed. just Like:- freelancers, coaches, creatives, mompreneurs, bloggers, social media administrators, and many more. A genuine example would be Uber/OLA drivers, Upwork freelancers, self-governing salon keepers, life and business coaches, self-governing massage therapists, private trainers, inventive freelancers, etc

What if I am using QuickBooks Online, should I change to QuickBooks Self Employed?

That is not the right way to convert from QuickBooks Online to QuickBooks Self Employed. If QuickBooks Online is a more suitable fit for your business, later remain until the start of the calendar year and start using QuickBooks Online as of the first month.

how to determine if Quickbooks Self employed is good for you

As the name implies, QuickBooks Self-Employed is accounting software that means pointed at satisfying the requirements of self-employed selves. It is a mixture of primary accounting characteristics and tax estimating functionalities granted on a cloud hosting platform.

This administration may normally be acknowledged as tax software that freelancers can use to monitor their hard cash flow. In extension to this, it has accounting tools to better its users obtain the needed data to pay their taxes in a timely manner.

QuickBooks Self-Employed has enough amount of features to help single contractors and titleholders and hold them organized. With interactive and helpful tools that can be automated to decrease standard entries, bookkeeping may really appear less of a difficulty with this software.

Nevertheless, it does petty more extra than that, so if you require detailed statements or other functions to assist your needs, later you may have to watch at another option. This version of QuickBooks is more utterly a way to overcome the confusion that happens just before the tax endlines.

If you know you open recent business then we suggest you used Quickbooks Self Employed

If you are a freelancer watching to keep track of your expenses and need to organize your tax details and business income strongly, we would recommend looking into QuickBooks Self-Employed. With its strong business tools combined with its affordability, this program will support you get a simplistic start on understanding your accounting requirements when it comes to your business. take the 30-day risk-free trial a try now.

Now all your information is also available in TurboTax.

QuickBooks self-employed support Service

You can get help for you QuickBooks self-employed at any time anywhere with our toll-free helpline QuickBooks Self-employed support by QuickBooks support number. Call us now to get QuickBooks self-employed support via our online customer service.

Our team of QuickBooks technical support experts not only gives you resolution for the most common problems QuickBooks software might encounter with, but we also provide an enhanced solution to your bookkeeping needs. All you have to do when you face problems with your QuickBooks application software is give us a call on our QuickBooks Technical help Toll-Free Number. Our experts at always there at 24/7 to assist you for all ypur related issues and queries at our QuickBooks customer service number. Get QuickBooks self-employed support now at toll-free +1-833-638-8333.

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