I found this website that is a great starting point for figuring out important tax information for this year. http://www.irs.gov/Businesses/Small...Small-Business-and-Self-Employed-Tax-Center-1 I have not looked the whole thing over yet but I'm already a bit surprised by some things. I always believed if you made less then $600 you did not have to report it but the self employed page says if you net at least $400. Hope this helps. I'm off to investigate. Oh and anyone who knows more about self-employment taxes please share your expertise. Thanks.