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I fill out a Form C and a Schedule SE self-employment at tax time. This isn't my full-time job, so I don't have a lot of profit or the need to make quarterly tax payments (the tax I pay at my regular job cancels out the tax I owe for my porn checks usually).
If you are making a good deal of money, you should be making quarterly estimated tax payments to the IRS. If you owe too much at the end of the year, you will have to pay a penalty. If you aren't good with tax forms, go to H.R. Block or someplace and pay them $100 to do them for you. I prefer to do my own...it only takes about an hour.
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"Beware of all enterprises that require new clothes."
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